Nuveen New York Municipal Valu (NYSE:NNY - Get Free Report) announced a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, July 15th will be given 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 dividend yield of 4.38%. The ex-dividend date is Tuesday, July 15th.
Nuveen New York Municipal Valu Price Performance
Shares of NNY traded down $0.02 on Thursday, hitting $8.09. 7,134 shares of the stock traded hands, compared to its average volume of 50,684. Nuveen New York Municipal Valu has a one year low of $7.77 and a one year high of $8.87. The business has a 50 day simple moving average of $8.16 and a 200 day simple moving average of $8.17.
Nuveen New York Municipal Valu Company Profile
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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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