Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be paid a dividend of 0.058 per share by the financial services provider on Wednesday, November 1st. This represents a $0.70 annualized dividend and a yield of 4.96%. The ex-dividend date of this dividend is Thursday, October 12th.
Nuveen New York Dividend Advntg Mncpl Fd has increased its dividend by an average of 0.5% per year over the last three years.
Shares of Nuveen New York Dividend Advntg Mncpl Fd (NYSE NAN) traded up 0.14% during midday trading on Wednesday, reaching $14.06. 4,910 shares of the company traded hands. The company’s 50 day moving average is $14.28 and its 200-day moving average is $14.06. Nuveen New York Dividend Advntg Mncpl Fd has a 12 month low of $13.13 and a 12 month high of $14.66.
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About Nuveen New York Dividend Advntg Mncpl Fd
Nuveen New York Quality Municipal Income Fund, formerly Nuveen New York Dividend Advantage Municipal Fund, is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income exempt from both regular federal and New York state income taxes. The Fund invests over 80% of its managed assets in securities rated, at the time of investment, investment grade or if they are unrated.
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