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

Nuveen New York Quality Municipal Income Fund (NYSE:NAN) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.072 per share by the financial services provider on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Thursday, January 15th.

Nuveen New York Quality Municipal Income Fund Price Performance

NAN opened at $11.39 on Tuesday. The stock’s fifty day moving average is $11.43 and its 200-day moving average is $11.34. Nuveen New York Quality Municipal Income Fund has a one year low of $10.69 and a one year high of $11.89.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. J. L. Bainbridge & Co. Inc. acquired a new position in shares of Nuveen New York Quality Municipal Income Fund in the 3rd quarter worth approximately $116,000. Kingsview Wealth Management LLC bought a new stake in Nuveen New York Quality Municipal Income Fund during the third quarter worth approximately $154,000. Wealth Enhancement Advisory Services LLC grew its position in Nuveen New York Quality Municipal Income Fund by 41.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,930 shares of the financial services provider’s stock worth $171,000 after buying an additional 4,361 shares during the last quarter. Cresset Asset Management LLC bought a new position in shares of Nuveen New York Quality Municipal Income Fund in the second quarter valued at $251,000. Finally, PFG Investments LLC increased its holdings in shares of Nuveen New York Quality Municipal Income Fund by 8.1% in the second quarter. PFG Investments LLC now owns 22,178 shares of the financial services provider’s stock valued at $253,000 after buying an additional 1,662 shares in the last quarter.

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.