Nuveen New York Quality Municipal Income Fund (NAN) to Distribute Monthly Dividend of $0.07 on December 1st

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.0680 per share by the financial services provider on Tuesday, December 1st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Friday, November 13th.

Nuveen New York Quality Municipal Income Fund Stock Performance

Shares of NYSE NAN opened at $10.14 on Wednesday. Nuveen New York Quality Municipal Income Fund has a 52 week low of $9.43 and a 52 week high of $11.80. The business has a 50-day simple moving average of $10.13 and a two-hundred day simple moving average of $11.10.

Institutional Investors Weigh In On Nuveen New York Quality Municipal Income Fund

Several large investors have recently added to or reduced their stakes in NAN. Hennion & Walsh Asset Management Inc. raised its stake in Nuveen New York Quality Municipal Income Fund by 15.6% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 601,349 shares of the financial services provider’s stock valued at $7,054,000 after purchasing an additional 81,187 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in Nuveen New York Quality Municipal Income Fund during the first quarter valued at about $1,857,000. Breakwater Capital Group grew its holdings in shares of Nuveen New York Quality Municipal Income Fund by 425.4% during the 3rd quarter. Breakwater Capital Group now owns 68,842 shares of the financial services provider’s stock valued at $676,000 after purchasing an additional 55,739 shares during the last quarter. Avestar Capital LLC raised its position in Nuveen New York Quality Municipal Income Fund by 20.8% in the 3rd quarter. Avestar Capital LLC now owns 58,084 shares of the financial services provider’s stock worth $574,000 after purchasing an additional 10,000 shares during the period. Finally, NewEdge Wealth LLC increased its holdings in shares of Nuveen New York Quality Municipal Income Fund by 74.1% in the first quarter. NewEdge Wealth LLC now owns 47,000 shares of the financial services provider’s stock worth $524,000 after buying an additional 20,000 shares during the period.

About Nuveen New York Quality Municipal Income Fund

Nuveen New York Quality Municipal Income Fund (NYSE: NAN) is a closed-end investment company managed by Nuveen, an asset-management firm specializing in investment solutions. The fund seeks to provide current income that is exempt from regular U.S. federal income tax and New York State and New York City personal income taxes, subject to applicable tax rules.

The fund invests primarily in a diversified portfolio of municipal bonds issued by New York State and its municipalities, agencies, and other public-purpose entities.