Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) Announces Monthly Dividend of $0.07

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.069 per share by the financial services provider on Monday, December 2nd. This represents a $0.83 dividend on an annualized basis and a dividend yield of 7.58%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen New York AMT-Free Quality Municipal Income Fund has decreased its dividend payment by an average of 8.7% per year over the last three years.

Nuveen New York AMT-Free Quality Municipal Income Fund Price Performance

NYSE:NRK traded up $0.06 on Wednesday, reaching $10.92. 63,030 shares of the company’s stock traded hands, compared to its average volume of 156,545. The stock has a 50-day simple moving average of $11.08 and a 200-day simple moving average of $11.01. Nuveen New York AMT-Free Quality Municipal Income Fund has a 12 month low of $9.46 and a 12 month high of $11.36.

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.