Nuveen Municipal Value Fund, Inc. Declares Monthly Dividend of $0.03 (NYSE:NUV)

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.0325 per share by the closed-end fund on Thursday, May 1st. This represents a $0.39 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen Municipal Value Fund Price Performance

Shares of NYSE NUV traded down $0.03 during mid-day trading on Thursday, reaching $8.74. The company had a trading volume of 603,215 shares, compared to its average volume of 453,163. The stock has a fifty day moving average of $8.79 and a two-hundred day moving average of $8.83. Nuveen Municipal Value Fund has a 12-month low of $8.35 and a 12-month high of $9.15.

About Nuveen Municipal Value Fund

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.