Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) to Issue $0.05 Monthly Dividend

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.0485 per share on Tuesday, April 1st. This represents a $0.58 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date is Friday, March 14th.

Nuveen AMT-Free Municipal Value Fund has decreased its dividend by an average of 5.3% per year over the last three years.

Nuveen AMT-Free Municipal Value Fund Stock Performance

Shares of NYSE NUW traded down $0.01 during mid-day trading on Wednesday, reaching $13.85. The company had a trading volume of 3,330 shares, compared to its average volume of 45,042. The company has a 50-day moving average price of $13.78 and a two-hundred day moving average price of $13.91. Nuveen AMT-Free Municipal Value Fund has a 1-year low of $13.23 and a 1-year high of $14.38.

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.