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

Nuveen New York Municipal Valu logo with Finance background

Key Points

  • Nuveen New York Municipal Value Fund (NYSE:NNY) has declared a monthly dividend of $0.03, with the ex-dividend date set for October 15th.
  • The dividend represents an annualized yield of 4.2% and will be paid to investors on November 3rd.
  • As of mid-day trading on Thursday, shares of the fund increased by 1.7%, reaching $8.42.
  • Five stocks we like better than Nuveen New York Municipal Valu.

Nuveen New York Municipal Valu (NYSE:NNY - Get Free Report) announced a monthly dividend on Wednesday, October 1st. Investors of record on Wednesday, October 15th will be given a dividend of 0.0295 per share by the investment management company on Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, October 15th.

Nuveen New York Municipal Valu Trading Up 1.7%

Shares of NYSE NNY traded up $0.14 during mid-day trading on Thursday, hitting $8.42. 16,609 shares of the stock traded hands, compared to its average volume of 44,290. Nuveen New York Municipal Valu has a twelve month low of $7.77 and a twelve month high of $8.87. The firm has a 50 day simple moving average of $8.14 and a two-hundred day simple moving average of $8.14.

About Nuveen New York Municipal Valu

(Get Free Report)

Nuveen New York 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 New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

Further Reading

Dividend History for Nuveen New York Municipal Valu (NYSE:NNY)

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