Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN) Declares Dividend Increase – $0.05 Per Share

Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.0538 per share on Tuesday, December 31st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Nuveen Pennsylvania Municipal Value Fund’s previous monthly dividend of $0.04.

Shares of NYSE NPN traded down $0.01 during trading hours on Thursday, hitting $14.30. 1,001 shares of the company’s stock were exchanged, compared to its average volume of 2,101. The company’s 50-day moving average price is $14.11 and its 200-day moving average price is $14.34. Nuveen Pennsylvania Municipal Value Fund has a 1-year low of $11.96 and a 1-year high of $16.49.

Nuveen Pennsylvania Municipal Value Fund Company Profile

Nuveen Pennsylvania Municipal Value Fund is a close-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 fixed income markets of Pennsylvania. The fund primarily invests its assets in a portfolio of municipal securities with an objective to provide current income exempt from regular federal and Pennsylvania income taxes.

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Dividend History for Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN)

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