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

Nuveen New York Municipal Value Fund (NYSE:NNYGet Free Report) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.028 per share by the investment management company on Tuesday, September 3rd. This represents a $0.34 annualized dividend and a dividend yield of 3.96%. The ex-dividend date of this dividend is Thursday, August 15th.

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

Nuveen New York Municipal Value Fund Stock Down 0.5 %

NYSE:NNY opened at $8.49 on Tuesday. Nuveen New York Municipal Value Fund has a 52 week low of $7.58 and a 52 week high of $8.59. The firm’s 50-day simple moving average is $8.33 and its 200 day simple moving average is $8.30.

Nuveen New York Municipal Value Fund Company Profile

(Get Free Report)

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.

Featured Stories

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

Receive News & Ratings for Nuveen New York Municipal Value Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen New York Municipal Value Fund and related companies with MarketBeat.com's FREE daily email newsletter.