Nuveen Municipal Value Fund Inc (NUV) Plans Monthly Dividend of $0.03

Nuveen Municipal Value Fund Inc (NYSE:NUV) declared a monthly dividend on Monday, December 3rd, NASDAQ reports. Stockholders of record on Friday, December 14th will be paid a dividend of 0.031 per share by the closed-end fund on Monday, December 31st. This represents a $0.37 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend is Thursday, December 13th.

Nuveen Municipal Value Fund has decreased its dividend by an average of 3.2% annually over the last three years.

Shares of NUV traded down $0.03 during mid-day trading on Friday, reaching $9.40. 464,544 shares of the company were exchanged, compared to its average volume of 447,262. Nuveen Municipal Value Fund has a 52 week low of $9.11 and a 52 week high of $10.24.

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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.

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Dividend History for Nuveen Municipal Value Fund (NYSE:NUV)

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