Nuveen New York Municipal Valu (NYSE:NNY – Get Free Report) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.0295 per share by the investment management company on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Monday, June 15th.
Nuveen New York Municipal Valu Stock Up 0.7%
Shares of NYSE:NNY opened at $8.65 on Tuesday. The firm’s 50 day simple moving average is $8.50 and its 200-day simple moving average is $8.53. Nuveen New York Municipal Valu has a one year low of $7.77 and a one year 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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