Nuveen New York AMT-Fr Qty Mnpl Incm Fd (NYSE:NRK) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.045 per share by the financial services provider on Tuesday, December 31st. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend is Thursday, December 12th.
Shares of NYSE NRK traded down $0.01 during mid-day trading on Wednesday, reaching $13.45. 97,862 shares of the company’s stock traded hands, compared to its average volume of 97,567. The business has a 50-day simple moving average of $13.33 and a 200 day simple moving average of $13.31. Nuveen New York AMT-Fr Qty Mnpl Incm Fd has a 1-year low of $11.50 and a 1-year high of $13.69.
In other Nuveen New York AMT-Fr Qty Mnpl Incm Fd news, VP Michael A. Perry acquired 36,194 shares of Nuveen New York AMT-Fr Qty Mnpl Incm Fd stock in a transaction dated Tuesday, November 26th. The stock was purchased at an average cost of $13.47 per share, for a total transaction of $487,533.18.
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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