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

Nuveen New York Municipal Valu (NYSE:NNY) announced a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be paid a dividend of 0.0295 per share by the investment management company on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, January 15th.

Nuveen New York Municipal Valu Stock Up 0.3%

NNY traded up $0.03 on Tuesday, hitting $8.70. The company had a trading volume of 4,662 shares, compared to its average volume of 34,938. The company’s fifty day moving average price is $8.51 and its 200 day moving average price is $8.30. Nuveen New York Municipal Valu has a 1 year low of $7.77 and a 1 year high of $8.94.

Nuveen New York Municipal Valu Company Profile

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.