Nuveen California Municipal Value Fund 2 (NYSE:NCB) announced a monthly dividend on Thursday, January 2nd, Zacks reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.039 per share on Monday, February 3rd. This represents a $0.47 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend is Tuesday, January 14th.
Nuveen California Municipal Value Fund 2 has decreased its dividend payment by an average of 22.5% annually over the last three years.
Shares of NYSE NCB opened at $15.88 on Monday. The business has a 50-day simple moving average of $15.89 and a two-hundred day simple moving average of $16.33. Nuveen California Municipal Value Fund 2 has a fifty-two week low of $15.26 and a fifty-two week high of $17.50.
Nuveen California Municipal Value Fund 2 Company Profile
Nuveen California Municipal Value Fund 2 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 California. The fund primarily invests its assets in municipal securities.
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