Nuveen New York Municipal Valu (NYSE:NNY – Get Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.0295 per share by the investment management company on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, August 14th.
Nuveen New York Municipal Valu Stock Performance
Shares of NNY stock opened at $8.28 on Wednesday. The business has a fifty day simple moving average of $8.60 and a 200 day simple moving average of $8.56. Nuveen New York Municipal Valu has a twelve month low of $8.00 and a twelve month high of $8.94.
About Nuveen New York Municipal Valu
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.
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