Nuveen New York Quality Municipal Income Fund (NAN) to Issue Monthly Dividend of $0.07 on March 2nd
by Kim Johansen · The Markets DailyNuveen New York Quality Municipal Income Fund (NYSE:NAN – Get Free Report) declared a monthly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be paid a dividend of 0.072 per share by the financial services provider on Monday, March 2nd. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Friday, February 13th.
Nuveen New York Quality Municipal Income Fund Stock Performance
NYSE:NAN opened at $11.54 on Wednesday. The stock’s 50 day moving average price is $11.37 and its two-hundred day moving average price is $11.35. Nuveen New York Quality Municipal Income Fund has a 12-month low of $10.69 and a 12-month high of $11.89.
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.
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