Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK – Get Free Report) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.069 per share by the financial services provider on Monday, February 3rd. This represents a $0.83 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date of this dividend is Wednesday, January 15th.
Nuveen New York AMT-Free Quality Municipal Income Fund has decreased its dividend payment by an average of 8.7% annually over the last three years.
Nuveen New York AMT-Free Quality Municipal Income Fund Price Performance
NYSE NRK opened at $10.56 on Friday. Nuveen New York AMT-Free Quality Municipal Income Fund has a twelve month low of $10.23 and a twelve month high of $11.36. The company’s 50-day simple moving average is $10.79 and its 200 day simple moving average is $10.98.
About Nuveen New York AMT-Free Quality Municipal Income Fund
Nuveen New York AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and New York income tax and are rated Baa, BBB or better and having an average maturity of 15.98 years.
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