Nuveen New York Municipal Valu (NYSE:NNY – Get Free Report) declared a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.0295 per share by the investment management company on Monday, November 2nd. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Thursday, October 15th.
Nuveen New York Municipal Valu Stock Up 0.3%
Nuveen New York Municipal Valu stock opened at $7.83 on Friday. The stock’s 50 day moving average is $8.08 and its 200 day moving average is $8.40. Nuveen New York Municipal Valu has a one year low of $7.55 and a one year high of $8.94.
About Nuveen New York Municipal Valu
Nuveen New York Municipal Value Fund, Inc (NYSE: NNY) is a closed-end investment company that seeks to provide current income exempt from regular federal income tax and New York State and New York City income taxes. The fund is designed for investors seeking tax-advantaged exposure to the municipal bond market.
The fund invests primarily in municipal securities issued by or on behalf of New York State and its political subdivisions, municipalities, and public authorities. Its portfolio may include bonds financing public infrastructure and essential services, such as transportation, education, health care, utilities, and other civic projects.
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