Nuveen New York Municipal Value Fund 2 to Issue Monthly Dividend of $0.04 (NYSE:NYV)

Nuveen New York Municipal Value Fund 2 (NYSE:NYV) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Friday, September 13th will be paid a dividend of 0.036 per share on Tuesday, October 1st. This represents a $0.43 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date is Thursday, September 12th.

Nuveen New York Municipal Value Fund 2 has decreased its dividend by an average of 4.1% annually over the last three years.

Shares of Nuveen New York Municipal Value Fund 2 stock traded down $0.10 during midday trading on Thursday, reaching $14.58. The company had a trading volume of 1,081 shares, compared to its average volume of 3,359. The stock has a fifty day simple moving average of $14.55 and a 200 day simple moving average of $14.35. Nuveen New York Municipal Value Fund 2 has a 1-year low of $12.64 and a 1-year high of $14.88.



Nuveen New York Municipal Value Fund 2 Company Profile

Nuveen New York Municipal Value Fund 2 (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide current income exempt from regular federal and New York income taxes. The Fund’s secondary investment objective is to enhance portfolio value and total return.

See Also: Inverted Yield Curve

Dividend History for Nuveen New York Municipal Value Fund 2 (NYSE:NYV)

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