Nuveen New York Municipal Value Fund (NNY) to Issue Monthly Dividend of $0.03 on March 3rd

Nuveen New York Municipal Value Fund (NYSE:NNY) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.0295 per share by the investment management company on Monday, March 3rd. This represents a $0.35 annualized dividend and a dividend yield of 4.26%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen New York Municipal Value Fund has increased its dividend payment by an average of 11.9% per year over the last three years.

Nuveen New York Municipal Value Fund Trading Up 0.2 %

Shares of NYSE NNY opened at $8.32 on Wednesday. Nuveen New York Municipal Value Fund has a 12-month low of $7.96 and a 12-month high of $8.70. The stock has a 50 day simple moving average of $8.16 and a 200-day simple moving average of $8.36.

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.