NUVEEN NY MUN V (NNY) to Issue Monthly Dividend of $0.03 on November 1st
NUVEEN NY MUN V (NYSE:NNY) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be given a dividend of 0.0315 per share by the investment management company on Wednesday, November 1st. This represents a $0.38 annualized dividend and a yield of 3.66%. The ex-dividend date is Thursday, October 12th.
NUVEEN NY MUN V has increased its dividend by an average of 0.6% annually over the last three years.
NUVEEN NY MUN V (NNY) traded down 0.11% during trading on Wednesday, reaching $10.33. The company had a trading volume of 758 shares. NUVEEN NY MUN V has a 12-month low of $9.26 and a 12-month high of $10.40. The firm’s 50 day moving average price is $10.20 and its 200 day moving average price is $10.08.
About NUVEEN NY MUN V
Nuveen New York Municipal Value Fund, Inc (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from regular federal, and New York State and New York City income tax and to enhance portfolio value. It invests over 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.
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