Nuveen New York Municipal Value Fund (NYSE:NNY – Get Free Report) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.0295 per share by the investment management company on Tuesday, December 31st. This represents a $0.35 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Friday, December 13th.
Nuveen New York Municipal Value Fund has increased its dividend by an average of 7.9% annually over the last three years.
Nuveen New York Municipal Value Fund Stock Performance
NNY opened at $8.41 on Wednesday. Nuveen New York Municipal Value Fund has a 52 week low of $8.00 and a 52 week high of $8.70. The business has a fifty day simple moving average of $8.44 and a 200-day simple moving average of $8.40.
About Nuveen New York Municipal Value Fund
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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