Nuveen Municipal Value Fund, Inc. (NYSE:NUV) to Issue Monthly Dividend of $0.03

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.031 per share by the closed-end fund on Tuesday, October 1st. This represents a $0.37 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Friday, September 13th.

Nuveen Municipal Value Fund Stock Down 0.2 %

Shares of NUV stock opened at $8.97 on Wednesday. The business’s fifty day moving average is $8.77 and its 200 day moving average is $8.65. Nuveen Municipal Value Fund has a twelve month low of $7.86 and a twelve month high of $9.03.

About Nuveen Municipal Value Fund

Nuveen 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.