Nuveen New York Municipal Valu (NYSE:NNY) Declares $0.03 Monthly Dividend

Nuveen New York Municipal Valu (NYSE:NNY) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0295 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Tuesday, September 15th.

Nuveen New York Municipal Valu Stock Performance

Nuveen New York Municipal Valu stock remained flat at $8.16 during trading hours on Wednesday. The company’s stock had a trading volume of 4,983 shares, compared to its average volume of 34,799. Nuveen New York Municipal Valu has a 12 month low of $8.03 and a 12 month high of $8.94. The firm has a fifty day simple moving average of $8.44 and a two-hundred day simple moving average of $8.52.

About Nuveen New York Municipal Valu

Nuveen New York Municipal Value Fund, Inc (NYSE: NNY) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State income taxes. The fund primarily invests in investment-grade municipal securities issued by public issuers in the State of New York, including general obligation bonds and revenue bonds issued to finance essential public projects such as schools, transportation infrastructure and utility systems.

As a diversified municipal bond fund, NNY’s portfolio spans a broad range of maturities and credit qualities within the investment-grade universe.