Nuveen New York Municipal Valu (NNY) to Issue Monthly Dividend of $0.03 on February 2nd

Nuveen New York Municipal Valu (NYSE:NNY) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0295 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, January 15th.

Nuveen New York Municipal Valu Price Performance

Nuveen New York Municipal Valu stock traded up $0.03 during trading hours on Tuesday, reaching $8.70. The stock had a trading volume of 8,755 shares, compared to its average volume of 35,165. The company has a fifty day simple moving average of $8.51 and a 200-day simple moving average of $8.30. Nuveen New York Municipal Valu has a 52 week low of $7.77 and a 52 week high of $8.94.

Nuveen New York Municipal Valu Company Profile

Nuveen New York Municipal Value Fund, Inc (NYSE: NNY) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State income taxes. The fund primarily invests in investment-grade municipal securities issued by public issuers in the State of New York, including general obligation bonds and revenue bonds issued to finance essential public projects such as schools, transportation infrastructure and utility systems.

As a diversified municipal bond fund, NNY’s portfolio spans a broad range of maturities and credit qualities within the investment-grade universe.