Nuveen New York AMT-Free Quality Municipal Income Fund Plans Monthly Dividend of $0.07 (NYSE:NRK)

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.069 per share by the financial services provider on Monday, December 2nd. This represents a $0.83 annualized dividend and a yield of 7.58%. The ex-dividend date is Friday, November 15th.

Nuveen New York AMT-Free Quality Municipal Income Fund has decreased its dividend by an average of 8.7% per year over the last three years.

Nuveen New York AMT-Free Quality Municipal Income Fund Trading Up 0.6 %

Shares of NYSE:NRK traded up $0.06 during midday trading on Wednesday, hitting $10.92. The company had a trading volume of 63,030 shares, compared to its average volume of 156,545. The company has a fifty day moving average of $11.08 and a two-hundred day moving average of $11.01. Nuveen New York AMT-Free Quality Municipal Income Fund has a 12-month low of $9.46 and a 12-month high of $11.36.

About Nuveen New York AMT-Free Quality Municipal Income Fund

Nuveen New York AMT-Free 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 undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years.