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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0325 per share by the closed-end fund on Monday, March 3rd. This represents a $0.39 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Friday, February 14th.

Nuveen Municipal Value Fund Price Performance

NYSE:NUV traded up $0.02 on Tuesday, reaching $8.84. The stock had a trading volume of 332,174 shares, compared to its average volume of 437,581. Nuveen Municipal Value Fund has a 1-year low of $8.35 and a 1-year high of $9.15. The stock has a fifty day moving average price of $8.72 and a 200-day moving average price of $8.84.

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.