Nuveen California Municipal Va Announces Monthly Dividend of $0.03 (NYSE:NCA)

Nuveen California Municipal Va (NYSE:NCA) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.03 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen California Municipal Va Stock Down 0.5%

Shares of NCA traded down $0.04 during mid-day trading on Wednesday, reaching $9.01. 10,756 shares of the stock traded hands, compared to its average volume of 64,510. Nuveen California Municipal Va has a 1 year low of $8.48 and a 1 year high of $9.80. The firm has a fifty day moving average price of $9.19 and a 200 day moving average price of $9.27.

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.