Nuveen New York Municipal Value Fund (NNY) To Go Ex-Dividend on January 15th

Nuveen New York Municipal Value Fund (NYSE:NNY) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.0295 per share by the investment management company on Monday, February 3rd. This represents a $0.35 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Wednesday, January 15th.

Nuveen New York Municipal Value Fund has increased its dividend payment by an average of 9.2% annually over the last three years.

Nuveen New York Municipal Value Fund Price Performance

Shares of NNY stock opened at $8.06 on Monday. The business’s 50-day moving average price is $8.24 and its 200-day moving average price is $8.38. Nuveen New York Municipal Value Fund has a 12 month low of $7.96 and a 12 month high of $8.70.

Nuveen New York Municipal Value Fund 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.