Nuveen Municipal Value Fund Inc Announces Monthly Dividend of $0.03 (NYSE:NUV)

Nuveen Municipal Value Fund Inc (NYSE:NUV) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.031 per share by the closed-end fund on Tuesday, December 31st. This represents a $0.37 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend is Thursday, December 12th.

Shares of Nuveen Municipal Value Fund stock traded down $0.03 during trading on Wednesday, reaching $10.55. The company’s stock had a trading volume of 351,359 shares, compared to its average volume of 271,519. Nuveen Municipal Value Fund has a 12-month low of $9.20 and a 12-month high of $10.64. The business has a 50 day moving average price of $10.46 and a 200-day moving average price of $10.33.

Nuveen Municipal Value Fund Company Profile

Nuveen 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.

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Dividend History for Nuveen Municipal Value Fund (NYSE:NUV)

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