Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) has announced its latest dividend details. The ex-dividend date is set for Jun 13, 2025, with an announcement made on Jun 2, 2025, and the dividend payout scheduled for Jul 1, 2025. Shareholders will receive a dividend of $0.069 per share, which is notably higher than the average of the last ten dividends, calculated at $0.053. The type of dividend is cash. The previous dividend, also a cash payout, was declared on Jun 2, 2025, with the same per-share amount of $0.069.
Recently,
has experienced some significant movements in its stock performance. As of Jun 9, 2025, the stock closed at $9.74, marking a slight decline of 0.103% from the previous trading day. This marks the third consecutive day of falling prices, with the stock having fluctuated between $9.73 and $9.78 during the trading session. Over the past week, the stock has shown a tendency to decline, with increased trading volume on the last day indicating potential volatility ahead. Current short-term trends suggest a continued decrease, with expectations of a 6.54% decline over the next three months.
In the latest developments, analysts have noted that NRK’s stock holds negative signals from both short and long-term moving averages, suggesting a cautious outlook for investors. Despite some buy signals emerging from pivot points, the stock remains within a narrow, downward trend. The absence of support from accumulated volume below the current level further poses a risk. The trading expectations for Jun 10, 2025, predict a possible price movement between $9.66 and $9.82, with resistance seen at $9.90.
In conclusion, Nuveen New York AMT-Free Quality Municipal Income Fund is set to distribute a higher-than-average dividend this cycle. Investors should note the ex-dividend date of Jun 13, 2025, as the final opportunity to purchase shares and qualify for this dividend. Any acquisitions made after this date will not be eligible for the dividend payout.
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