Nuveen California Municipal Va Declares Monthly Dividend of $0.03 (NYSE:NCA)

Nuveen California Municipal Va (NYSE:NCA) announced a monthly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of 0.03 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, June 15th.

Nuveen California Municipal Va Price Performance

NCA opened at $9.28 on Tuesday. The firm has a 50 day simple moving average of $9.33 and a 200 day simple moving average of $9.26. Nuveen California Municipal Va has a fifty-two week low of $8.36 and a fifty-two week high of $9.80.

Nuveen California Municipal Va Company Profile

Nuveen California Municipal Value Fund, Inc (NYSE: NCA) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and California state income taxes. The fund pursues its objective by investing substantially all of its assets in a diversified portfolio of municipal securities issued by entities located in or having projects based in California. Its holdings primarily include revenue and general obligation bonds, with an emphasis on investment-grade and select high-yield issues.

The portfolio management team employs a disciplined credit analysis process to assess the financial strength, revenue streams and underlying collateral of each issuer.