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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.072 per share by the financial services provider on Thursday, May 1st. This represents a $0.86 annualized dividend and a yield of 7.53%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen New York Quality Municipal Income Fund has increased its dividend by an average of 11.1% annually over the last three years.

Nuveen New York Quality Municipal Income Fund Trading Up 0.3 %

NYSE:NAN traded up $0.04 during mid-day trading on Thursday, reaching $11.48. 70,679 shares of the stock were exchanged, compared to its average volume of 81,137. Nuveen New York Quality Municipal Income Fund has a 1 year low of $10.56 and a 1 year high of $11.93. The company has a 50 day simple moving average of $11.55 and a 200-day simple moving average of $11.54.

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.