Nuveen New York Municipal Valu (NYSE:NNY - Get Free Report) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Tuesday, July 15th will be paid a dividend of 0.0295 per share by the investment management company on Friday, August 1st. This represents a $0.35 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date is Tuesday, July 15th.
Nuveen New York Municipal Valu Stock Down 0.2%
Nuveen New York Municipal Valu stock traded down $0.02 during trading hours on Friday, hitting $8.09. 7,134 shares of the company traded hands, compared to its average volume of 50,837. Nuveen New York Municipal Valu has a 1-year low of $7.77 and a 1-year high of $8.87. The firm's 50-day simple moving average is $8.16 and its two-hundred day simple moving average is $8.17.
About Nuveen New York Municipal Valu
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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.
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