Nuveen New York AMT-Free Quality Municipal Income Fund Dividend
Dividend criteria checks 2/6
Nuveen New York AMT-Free Quality Municipal Income Fund is a dividend paying company with a current yield of 4.04%.
Key information
4.0%
Dividend yield
-1,927%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -US$0.023 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Nuveen New York AMT-Free Municipal Income Fund declares $0.0345 dividend
Feb 07Nuveen New York AMT-Free Municipal Income Fund dividend declines by 15.9% to $0.0345
Jan 11Nuveen New York AMT-Free Municipal Income Fund reduces dividend by 14.6%
Oct 06Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend
Sep 02Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend
Jul 06Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend
May 10Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend
Jan 05Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend
Dec 02Nuveen New York AMT-Free Municipal Income Fund declares $0.048 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NRK's dividend payments have been volatile in the past 10 years.
Growing Dividend: NRK's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nuveen New York AMT-Free Quality Municipal Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NRK) | 4.0% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (NRK) | n/a |
Notable Dividend: NRK's dividend (4.04%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: NRK's dividend (4.04%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: NRK is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.9%), NRK's dividend payments are well covered by cash flows.