Nuveen New York Quality Municipal Income Fund Declares Monthly Dividend of $0.07 (NYSE:NAN)

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) declared a monthly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be given a dividend of 0.072 per share by the financial services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Friday, February 13th.

Nuveen New York Quality Municipal Income Fund Stock Performance

NYSE NAN traded up $0.01 on Tuesday, reaching $11.40. 60,083 shares of the company were exchanged, compared to its average volume of 86,194. The business’s fifty day moving average price is $11.37 and its 200 day moving average price is $11.33. Nuveen New York Quality Municipal Income Fund has a fifty-two week low of $10.69 and a fifty-two week high of $11.89.

Nuveen New York Quality Municipal Income Fund Company Profile

The Nuveen New York Quality Municipal Income Fund (NYSE: NAN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York State income taxes. The Fund invests principally in a portfolio of investment-grade municipal obligations issued by or on behalf of the State of New York and its political subdivisions. Through its focus on tax-exempt securities, NAN is designed to offer investors an attractive yield advantage relative to taxable alternatives in the New York market.

The Fund’s portfolio is comprised primarily of general obligation and revenue bonds issued by state and local governments, authorities, agencies and instrumentalities within New York.