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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.0325 per share by the closed-end fund on Thursday, May 1st. This represents a $0.39 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen Municipal Value Fund Stock Performance

Shares of NYSE NUV traded down $0.03 during mid-day trading on Thursday, reaching $8.74. The company had a trading volume of 603,215 shares, compared to its average volume of 453,163. The company has a 50-day moving average price of $8.79 and a two-hundred day moving average price of $8.83. Nuveen Municipal Value Fund has a 1-year low of $8.35 and a 1-year 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.