Nuveen New York Municipal Value Fund (NYSE:NNY) declared a monthly dividend on Wednesday, January 5th, Wall Street Journal reports. Stockholders of record on Friday, January 14th will be paid a dividend of 0.023 per share by the investment management company on Tuesday, February 1st. This represents a $0.28 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, January 13th.
Nuveen New York Municipal Value Fund has increased its dividend by 11.6% over the last three years.
Shares of NNY stock opened at $9.65 on Wednesday. The business has a fifty day simple moving average of $9.96. Nuveen New York Municipal Value Fund has a 52 week low of $9.45 and a 52 week high of $10.35.
About Nuveen New York Municipal Value Fund
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.
Further Reading: What is Green Investing?
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.