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

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

Nuveen California Municipal Va Trading Down 0.6%

NYSE:NCA opened at $9.25 on Tuesday. Nuveen California Municipal Va has a 52-week low of $8.36 and a 52-week high of $9.80. The business’s fifty day moving average is $9.33 and its 200 day moving average is $9.26.

About Nuveen California Municipal Va

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.