Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) To Go Ex-Dividend on August 15th

Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) declared a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.069 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.83 dividend on an annualized basis and a dividend yield of 7.43%. The ex-dividend date of this dividend is Thursday, August 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 remained flat at $11.14 during mid-day trading on Friday. 198,825 shares of the company were exchanged, compared to its average volume of 153,609. Nuveen New York AMT-Free Quality Municipal Income Fund has a fifty-two week low of $8.95 and a fifty-two week high of $11.20. The company has a 50 day moving average of $10.98 and a 200 day moving average of $10.84.

Nuveen New York AMT-Free Quality Municipal Income Fund Company Profile

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.