Nuveen California Municipal Va (NCA) To Go Ex-Dividend on September 15th

Nuveen California Municipal Va (NYSE:NCA) announced a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.03 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen California Municipal Va Price Performance

Shares of NCA opened at $8.97 on Thursday. Nuveen California Municipal Va has a 1-year low of $8.51 and a 1-year high of $9.80. The firm has a fifty day moving average price of $9.18 and a 200 day moving average price of $9.27.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC purchased a new position in shares of Nuveen California Municipal Va in the 3rd quarter valued at approximately $33,000. Comerica Bank purchased a new stake in Nuveen California Municipal Va in the 1st quarter valued at approximately $62,000. Fifth Third Bancorp acquired a new position in Nuveen California Municipal Va during the 1st quarter worth approximately $67,000. Investor s Fiduciary Advisor Network LLC purchased a new stake in shares of Nuveen California Municipal Va during the 2nd quarter worth $122,000. Finally, Ieq Capital LLC grew its stake in shares of Nuveen California Municipal Va by 19.0% during the 4th quarter. Ieq Capital LLC now owns 15,000 shares of the company’s stock worth $134,000 after purchasing an additional 2,390 shares during the period. 21.46% of the stock is owned by hedge funds and other institutional investors.

Nuveen California Municipal Va Company Profile

Nuveen California Municipal Value Fund, Inc (NYSE: NCA) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and California state income taxes. The fund pursues its objective by investing substantially all of its assets in a diversified portfolio of municipal securities issued by entities located in or having projects based in California. Its holdings primarily include revenue and general obligation bonds, with an emphasis on investment-grade and select high-yield issues.

The portfolio management team employs a disciplined credit analysis process to assess the financial strength, revenue streams and underlying collateral of each issuer.