Nuveen New York Municipal Valu (NYSE:NNY – Get Free Report) declared a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be given a dividend of $0.0295 per share by the investment management company on Tuesday, December 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, November 13th.
Nuveen New York Municipal Valu Trading Down 2.0%
Shares of NYSE NNY opened at $7.87 on Wednesday. The firm’s 50-day simple moving average is $7.88 and its 200 day simple moving average is $8.36. Nuveen New York Municipal Valu has a 12-month low of $7.55 and a 12-month high of $8.94.
Nuveen New York Municipal Valu Company Profile
Nuveen New York Municipal Value Fund, Inc. (NYSE: NNY) is a closed-end management investment company designed to provide current income that is exempt from regular federal income tax and New York State and New York City personal income taxes, subject to applicable tax rules. The fund invests primarily in municipal securities issued by New York State, its political subdivisions and public authorities, as well as other qualifying municipal issuers. Its portfolio may include bonds financing public infrastructure and essential services such as transportation, education, health care, utilities and housing.
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