Nuveen New York Municipal Value Fund (NYSE:NNY – Get Free Report) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.028 per share by the investment management company on Tuesday, September 3rd. This represents a $0.34 annualized dividend and a yield of 3.96%. The ex-dividend date of this dividend is Thursday, August 15th.
Nuveen New York Municipal Value Fund has raised its dividend payment by an average of 7.9% per year over the last three years.
Nuveen New York Municipal Value Fund Stock Performance
Shares of NNY stock opened at $8.49 on Tuesday. The company’s 50-day simple moving average is $8.33 and its two-hundred day simple moving average is $8.30. Nuveen New York Municipal Value Fund has a one year low of $7.58 and a one year high of $8.59.
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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