Nuveen California Municipal Value Fund (NYSE:NCA) Announces — Dividend of $0.03
Nuveen California Municipal Value Fund (NYSE:NCA) announced a — dividend on Thursday, September 5th, Wall Street Journal reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.0285 per share on Tuesday, October 1st. This represents a yield of 3.2%. The ex-dividend date of this dividend is Thursday, September 12th.
Nuveen California Municipal Value Fund has decreased its dividend payment by an average of 7.0% annually over the last three years.
Shares of NCA stock traded up $0.04 during mid-day trading on Wednesday, reaching $10.58. The stock had a trading volume of 1,131 shares, compared to its average volume of 40,064. Nuveen California Municipal Value Fund has a 1-year low of $8.92 and a 1-year high of $10.75. The business’s fifty day moving average is $10.50 and its 200-day moving average is $9.99.
Nuveen California 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 California. The fund invests primarily in municipal securities rated Baa/BBB or better.
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