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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.031 per share by the closed-end fund on Monday, December 2nd. This represents a $0.37 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Friday, November 15th.

Nuveen Municipal Value Fund Stock Performance

NYSE:NUV traded up $0.02 on Wednesday, reaching $8.89. The stock had a trading volume of 78,952 shares, compared to its average volume of 421,255. The company has a 50-day moving average of $9.01 and a 200 day moving average of $8.78. Nuveen Municipal Value Fund has a 12-month low of $8.27 and a 12-month high of $9.15.

Nuveen Municipal Value Fund Company Profile

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.