Nuveen New York Municipal Valu (NYSE:NNY) Declares $0.03 Monthly Dividend

Nuveen New York Municipal Valu (NYSE:NNYGet Free Report) announced a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be given a dividend of 0.0295 per share by the investment management company on Monday, June 1st. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date is Friday, May 15th.

Nuveen New York Municipal Valu Stock Up 0.3%

NNY traded up $0.03 on Wednesday, hitting $8.54. 4,075 shares of the company traded hands, compared to its average volume of 36,602. The company has a 50 day moving average of $8.54 and a 200-day moving average of $8.53. Nuveen New York Municipal Valu has a 12-month low of $7.77 and a 12-month high of $8.94.

Nuveen New York Municipal Valu Company Profile

(Get Free Report)

Nuveen New York Municipal Value Fund, Inc (NYSE: NNY) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State income taxes. The fund primarily invests in investment-grade municipal securities issued by public issuers in the State of New York, including general obligation bonds and revenue bonds issued to finance essential public projects such as schools, transportation infrastructure and utility systems.

As a diversified municipal bond fund, NNY’s portfolio spans a broad range of maturities and credit qualities within the investment-grade universe.

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Dividend History for Nuveen New York Municipal Valu (NYSE:NNY)

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