Nuveen NY Municipal Value (NYSE:NNY) Announces Monthly Dividend of $0.03

Nuveen NY Municipal Value (NYSE:NNY) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.028 per share by the investment management company on Tuesday, December 31st. This represents a $0.34 annualized dividend and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, December 12th.

Shares of NYSE:NNY traded up $0.10 on Wednesday, hitting $10.40. 17,524 shares of the company’s stock were exchanged, compared to its average volume of 22,367. Nuveen NY Municipal Value has a 12 month low of $9.22 and a 12 month high of $10.63. The business’s 50 day simple moving average is $10.29 and its two-hundred day simple moving average is $10.19.

Nuveen NY Municipal Value Company Profile

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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Dividend History for Nuveen NY Municipal Value (NYSE:NNY)

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