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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.031 per share by the closed-end fund on Monday, December 2nd. This represents a $0.37 annualized dividend and a dividend yield of 4.19%. The ex-dividend date is Friday, November 15th.

Nuveen Municipal Value Fund Price Performance

Shares of NUV stock traded up $0.01 on Wednesday, hitting $8.88. The stock had a trading volume of 68,794 shares, compared to its average volume of 421,209. The company’s 50 day moving average price is $9.01 and its 200-day moving average price is $8.78. Nuveen Municipal Value Fund has a 1 year low of $8.27 and a 1 year high of $9.15.

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.