Nuveen New York Municipal Value Fund (NYSE:NNY – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.028 per share by the investment management company on Thursday, August 1st. This represents a $0.34 annualized dividend and a yield of 4.00%. The ex-dividend date is Monday, July 15th.
Nuveen New York Municipal Value Fund has raised its dividend payment by an average of 7.9% per year over the last three years.
Nuveen New York Municipal Value Fund Trading Down 0.1 %
Shares of NNY stock opened at $8.40 on Friday. The firm’s 50-day simple moving average is $8.25 and its 200-day simple moving average is $8.29. Nuveen New York Municipal Value Fund has a 1-year low of $7.58 and a 1-year high of $8.61.
Nuveen New York Municipal Value Fund Company Profile
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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