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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.072 per share by the financial services provider on Monday, December 2nd. This represents a $0.86 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date of this dividend is Friday, November 15th.

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

Nuveen New York Quality Municipal Income Fund Stock Performance

Shares of NYSE:NAN traded up $0.02 during mid-day trading on Wednesday, reaching $11.65. The stock had a trading volume of 56,952 shares, compared to its average volume of 75,485. The firm has a 50 day simple moving average of $11.63 and a two-hundred day simple moving average of $11.33. Nuveen New York Quality Municipal Income Fund has a twelve month low of $9.86 and a twelve month high of $11.93.

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.