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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.072 per share by the financial services provider on Tuesday, December 31st. This represents a $0.86 dividend on an annualized basis and a yield of 7.38%. The ex-dividend date of this dividend is Friday, December 13th.

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

Nuveen New York Quality Municipal Income Fund Stock Performance

Shares of NAN traded down $0.03 on Tuesday, hitting $11.71. 152,391 shares of the stock traded hands, compared to its average volume of 77,042. The stock’s 50 day moving average is $11.61 and its two-hundred day moving average is $11.41. Nuveen New York Quality Municipal Income Fund has a 1 year low of $10.48 and a 1 year 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.