Nuveen New York Municipal Value Fund (NYSE:NNY – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.0295 per share by the investment management company on Thursday, May 1st. This represents a $0.35 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Tuesday, April 15th.
Nuveen New York Municipal Value Fund has increased its dividend by an average of 11.9% per year over the last three years.
Nuveen New York Municipal Value Fund Stock Down 0.7 %
Shares of NNY opened at $8.26 on Friday. The business’s 50 day simple moving average is $8.26 and its 200-day simple moving average is $8.31. Nuveen New York Municipal Value Fund has a 1 year low of $7.96 and a 1 year 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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