Nuveen New York AMT-Fr Qty Mnpl Incm Fd (NYSE:NRK) declared a monthly dividend on Thursday, October 1st, Zacks reports. Investors of record on Thursday, October 15th will be given a dividend of 0.048 per share by the financial services provider on Monday, November 2nd. This represents a $0.58 dividend on an annualized basis and a dividend yield of 4.47%. The ex-dividend date of this dividend is Wednesday, October 14th.
Nuveen New York AMT-Fr Qty Mnpl Incm Fd has decreased its dividend by 21.5% over the last three years and has raised its dividend every year for the last 1 years.
NYSE:NRK traded up $0.02 on Friday, hitting $12.88. 119,471 shares of the stock were exchanged, compared to its average volume of 164,815. Nuveen New York AMT-Fr Qty Mnpl Incm Fd has a 52 week low of $10.00 and a 52 week high of $14.04. The company’s 50-day moving average price is $13.01 and its 200 day moving average price is $12.69.
About Nuveen New York AMT-Fr Qty Mnpl Incm Fd
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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