Nuveen New Jersey Municipal Value Fund Declares Monthly Dividend of $0.05 (NYSE:NJV)

Nuveen New Jersey Municipal Value Fund (NYSE:NJV) announced a monthly dividend on Monday, March 5th, Wall Street Journal reports. Shareholders of record on Thursday, March 15th will be paid a dividend of 0.0475 per share on Monday, April 2nd. This represents a $0.57 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Wednesday, March 14th.

Nuveen New Jersey Municipal Value Fund has raised its dividend payment by an average of 5.2% annually over the last three years.

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NJV stock traded up $0.02 during mid-day trading on Wednesday, hitting $13.21. 2,868 shares of the stock were exchanged, compared to its average volume of 4,044. Nuveen New Jersey Municipal Value Fund has a 12 month low of $13.17 and a 12 month high of $15.45.

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Nuveen New Jersey Municipal Value Fund Company Profile

Nuveen New Jersey Municipal Value Fund (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain United States territories.

Dividend History for Nuveen New Jersey Municipal Value Fund (NYSE:NJV)

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