Nuveen New York Municipal Value Fund (NYSE:NNY) Plans Monthly Dividend of $0.03

Nuveen New York Municipal Value Fund (NYSE:NNYGet Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0295 per share by the investment management company on Tuesday, April 1st. This represents a $0.35 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Friday, March 14th.

Nuveen New York Municipal Value Fund has raised its dividend payment by an average of 11.9% annually over the last three years.

Nuveen New York Municipal Value Fund Trading Down 0.2 %

Shares of NNY stock traded down $0.02 during trading on Tuesday, reaching $8.33. The company’s stock had a trading volume of 56,266 shares, compared to its average volume of 50,450. Nuveen New York Municipal Value Fund has a 1-year low of $7.96 and a 1-year high of $8.70. The stock’s 50-day moving average price is $8.18 and its 200 day moving average price is $8.35.

About Nuveen New York Municipal Value Fund

(Get Free Report)

Nuveen New York 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 New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

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Dividend History for Nuveen New York Municipal Value Fund (NYSE:NNY)

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