Nuveen New York Municipal Valu (NYSE:NNY - Get Free Report) announced a monthly dividend on Wednesday, April 1st. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.0295 per share by the investment management company on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Wednesday, April 15th.
Nuveen New York Municipal Valu Trading Down 0.9%
Shares of NYSE NNY traded down $0.08 during midday trading on Monday, hitting $8.56. The company's stock had a trading volume of 15,971 shares, compared to its average volume of 37,639. The business's 50 day moving average is $8.54 and its two-hundred day moving average is $8.50. Nuveen New York Municipal Valu has a 12-month low of $7.77 and a 12-month high of $8.94.
About Nuveen New York Municipal Valu
(
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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.
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