Nuveen Municipal Value Fund, Inc. (NUV) to Issue Monthly Dividend of $0.03 on December 2nd

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.031 per share by the closed-end fund on Monday, December 2nd. This represents a $0.37 annualized dividend and a yield of 4.19%. The ex-dividend date is Friday, November 15th.

Nuveen Municipal Value Fund Trading Up 0.1 %

Shares of NUV traded up $0.01 during midday trading on Wednesday, hitting $8.88. The stock had a trading volume of 114,401 shares, compared to its average volume of 421,416. Nuveen Municipal Value Fund has a 1 year low of $8.27 and a 1 year high of $9.15. The stock’s 50 day moving average is $9.01 and its 200 day moving average is $8.78.

Nuveen Municipal Value Fund Company Profile

Nuveen 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.