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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be paid a dividend of 0.072 per share by the financial services provider on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Friday, May 15th.

Nuveen New York Quality Municipal Income Fund Trading Up 0.7%

Shares of NAN traded up $0.08 during midday trading on Wednesday, hitting $11.54. The company’s stock had a trading volume of 61,224 shares, compared to its average volume of 76,355. Nuveen New York Quality Municipal Income Fund has a one year low of $10.79 and a one year high of $11.67. The company’s fifty day simple moving average is $11.38 and its two-hundred day simple moving average is $11.43.

Nuveen New York Quality Municipal Income Fund Company Profile

The Nuveen New York Quality Municipal Income Fund (NYSE: NAN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York State income taxes. The Fund invests principally in a portfolio of investment-grade municipal obligations issued by or on behalf of the State of New York and its political subdivisions. Through its focus on tax-exempt securities, NAN is designed to offer investors an attractive yield advantage relative to taxable alternatives in the New York market.

The Fund’s portfolio is comprised primarily of general obligation and revenue bonds issued by state and local governments, authorities, agencies and instrumentalities within New York.