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

by · The Cerbat Gem

Nuveen New York Quality Municipal Income Fund (NYSE:NAN – Get Free Report) announced a monthly dividend on Monday, November 2nd. Investors 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 annualized dividend and a yield of 8.1%. The ex-dividend date is Friday, November 13th.

Nuveen New York Quality Municipal Income Fund Price Performance

NAN opened at $10.01 on Tuesday. Nuveen New York Quality Municipal Income Fund has a fifty-two week low of $9.43 and a fifty-two week high of $11.80. The company’s 50 day moving average price is $10.15 and its two-hundred day moving average price is $11.11.

Hedge Funds Weigh In On Nuveen New York Quality Municipal Income Fund

A number of hedge funds have recently modified their holdings of the business. Avestar Capital LLC grew its stake in shares of Nuveen New York Quality Municipal Income Fund by 20.8% in the third 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 last quarter. Breakwater Capital Group raised its position in 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 worth $676,000 after purchasing an additional 55,739 shares during the last quarter. Farther Finance Advisors LLC bought a new position in Nuveen New York Quality Municipal Income Fund during the 3rd quarter worth $180,000. Hennion & Walsh Asset Management Inc. lifted its holdings in Nuveen New York Quality Municipal Income Fund by 15.6% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 601,349 shares of the financial services provider’s stock worth $7,054,000 after buying an additional 81,187 shares during the period. Finally, David J Yvars Group acquired a new position in Nuveen New York Quality Municipal Income Fund during the 2nd quarter worth about $119,000.

Nuveen New York Quality Municipal Income Fund Company Profile

(Get Free Report)

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.

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