Nuveen New York Municipal Value Fund (NYSE:NNY) Declares Monthly Dividend of $0.03

Nuveen New York Municipal Value Fund (NYSE:NNYGet Free Report) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.0295 per share by the investment management company on Tuesday, December 31st. This represents a $0.35 annualized dividend and a yield of 4.21%. The ex-dividend date is Friday, December 13th.

Nuveen New York Municipal Value Fund has increased its dividend payment by an average of 7.9% annually over the last three years.

Nuveen New York Municipal Value Fund Price Performance

NNY stock remained flat at $8.41 during midday trading on Tuesday. The company had a trading volume of 98,369 shares, compared to its average volume of 43,635. The stock’s 50 day simple moving average is $8.45 and its 200-day simple moving average is $8.40. Nuveen New York Municipal Value Fund has a 52-week low of $8.00 and a 52-week high of $8.70.

About Nuveen New York Municipal Value Fund

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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.

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

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