Nuveen California Municipal Value Fund 2 of Beneficial Interest (NYSE:NCB) declared a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.059 per share on Monday, October 2nd. This represents a $0.71 annualized dividend and a dividend yield of 3.92%. The ex-dividend date is Thursday, September 14th.

Nuveen California Municipal Value Fund 2 of Beneficial Interest has raised its dividend by an average of 7.3% per year over the last three years.

Nuveen California Municipal Value Fund 2 of Beneficial Interest (NYSE:NCB) traded down 0.05% during trading on Wednesday, hitting $18.04. 916 shares of the company’s stock traded hands. The company’s 50 day moving average price is $17.88 and its 200 day moving average price is $17.30. Nuveen California Municipal Value Fund 2 of Beneficial Interest has a 52-week low of $15.73 and a 52-week high of $19.59.

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