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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.068 per share by the financial services provider on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, September 15th.

Nuveen New York Quality Municipal Income Fund Stock Performance

NAN stock opened at $10.85 on Wednesday. The firm has a 50 day simple moving average of $11.36 and a 200 day simple moving average of $11.41. Nuveen New York Quality Municipal Income Fund has a 52 week low of $10.83 and a 52 week high of $11.80.

About Nuveen New York Quality Municipal Income Fund

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.