Nuveen New York Municipal Value Fund (NYSE:NNY) Declares $0.03 Monthly Dividend

Nuveen New York Municipal Value Fund (NYSE:NNYGet Free Report) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.0295 per share by the investment management company on Friday, November 1st. This represents a $0.35 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date of this dividend is Tuesday, October 15th.

Nuveen New York Municipal Value Fund has increased its dividend by an average of 7.9% per year over the last three years.

Nuveen New York Municipal Value Fund Stock Up 0.1 %

Nuveen New York Municipal Value Fund stock opened at $8.52 on Friday. The stock has a 50-day moving average price of $8.53 and a 200 day moving average price of $8.35. Nuveen New York Municipal Value Fund has a 52 week low of $7.58 and a 52 week high of $8.70.

Nuveen New York Municipal Value Fund Company Profile

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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.

Further Reading

Dividend History for Nuveen New York Municipal Value Fund (NYSE:NNY)

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