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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) declared a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.072 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.86 dividend on an annualized basis and a yield of 7.54%. The ex-dividend date is Thursday, August 15th.

Nuveen New York Quality Municipal Income Fund has decreased its dividend payment by an average of 9.2% annually over the last three years.

Nuveen New York Quality Municipal Income Fund Stock Up 0.4 %

NAN stock traded up $0.04 during trading on Friday, reaching $11.46. The stock had a trading volume of 153,152 shares, compared to its average volume of 67,698. Nuveen New York Quality Municipal Income Fund has a 52 week low of $9.11 and a 52 week high of $11.52. The stock’s 50 day moving average is $11.18 and its two-hundred day moving average is $10.97.

About Nuveen New York Quality Municipal Income Fund

Nuveen New York Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in municipal bonds, with a rating of Baa or higher.