Nuveen New York Municipal Value Fund (NYSE:NNY – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0295 per share by the investment management company on Monday, March 3rd. This represents a $0.35 annualized dividend and a dividend yield of 4.26%. The ex-dividend date of this dividend is Friday, February 14th.
Nuveen New York Municipal Value Fund has increased its dividend by an average of 11.9% annually over the last three years.
Nuveen New York Municipal Value Fund Stock Up 0.2 %
NYSE:NNY opened at $8.32 on Wednesday. The business’s 50-day moving average price is $8.16 and its 200 day moving average price is $8.36. Nuveen New York Municipal Value Fund has a 52-week low of $7.96 and a 52-week high of $8.70.
About Nuveen New York Municipal Value Fund
Nuveen New York Municipal Value Fund, Inc 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 tax exempt municipal bonds, with a rating of Baa/BBB or higher.
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