Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) To Go Ex-Dividend on January 15th

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.069 per share by the financial services provider on Monday, February 3rd. This represents a $0.83 annualized dividend and a dividend yield of 7.97%. The ex-dividend date is Wednesday, January 15th.

Nuveen New York AMT-Free Quality Municipal Income Fund has increased its dividend by an average of 6.9% per year over the last three years.

Nuveen New York AMT-Free Quality Municipal Income Fund Stock Performance

Shares of NRK opened at $10.39 on Monday. The company’s fifty day simple moving average is $10.75 and its 200 day simple moving average is $10.96. Nuveen New York AMT-Free Quality Municipal Income Fund has a 1-year low of $10.23 and a 1-year 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.