Nuveen AMT-Free Municipal Value Fund (NYSE:NUW – Get Free Report) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0485 per share on Monday, February 3rd. This represents a $0.58 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date of this dividend is Wednesday, January 15th.
Nuveen AMT-Free Municipal Value Fund has increased its dividend by an average of 1.4% per year over the last three years.
Nuveen AMT-Free Municipal Value Fund Stock Up 0.1 %
Shares of NYSE:NUW traded up $0.02 during trading on Friday, hitting $13.66. 35,770 shares of the company were exchanged, compared to its average volume of 37,135. Nuveen AMT-Free Municipal Value Fund has a 1-year low of $13.23 and a 1-year high of $14.38. The business’s 50 day moving average is $13.78 and its 200-day moving average is $13.92.
About Nuveen AMT-Free Municipal Value Fund
Nuveen AMT-Free Municipal Value Fund is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.
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