Nuveen California Municipal Va (NYSE:NCA) to Issue $0.03 Monthly Dividend

Nuveen California Municipal Va (NYSE:NCA) announced a monthly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be paid a dividend of 0.03 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen California Municipal Va Trading Down 0.1%

NYSE NCA opened at $8.96 on Tuesday. The firm’s 50 day moving average price is $9.23 and its two-hundred day moving average price is $9.33. Nuveen California Municipal Va has a twelve month low of $8.40 and a twelve month high of $9.80.

Nuveen California Municipal Va Company Profile

Nuveen California Municipal Value Fund, Inc (NYSE: NCA) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and California state income taxes. The fund pursues its objective by investing substantially all of its assets in a diversified portfolio of municipal securities issued by entities located in or having projects based in California. Its holdings primarily include revenue and general obligation bonds, with an emphasis on investment-grade and select high-yield issues.

The portfolio management team employs a disciplined credit analysis process to assess the financial strength, revenue streams and underlying collateral of each issuer.