Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Friday, June 14th will be paid a dividend of 0.048 per share by the financial services provider on Monday, July 1st. This represents a $0.58 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date is Thursday, June 13th.
Nuveen New York Dividend Advntg Mncpl Fd has decreased its dividend by an average of 6.5% per year over the last three years.
Shares of NAN traded up $0.06 during trading on Friday, reaching $13.63. The company’s stock had a trading volume of 22,473 shares, compared to its average volume of 38,228. Nuveen New York Dividend Advntg Mncpl Fd has a twelve month low of $12.02 and a twelve month high of $13.75.
Nuveen New York 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 municipal bonds, with a rating of Baa or higher.
Further Reading: How Do You Calculate Return on Equity (ROE)?
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