Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN) to Issue Monthly Dividend of $0.05

Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.0538 per share on Tuesday, December 31st. This represents a $0.65 annualized dividend and a yield of 4.51%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Nuveen Pennsylvania Municipal Value Fund’s previous monthly dividend of $0.04.

NPN traded down $0.01 during mid-day trading on Thursday, reaching $14.30. The stock had a trading volume of 1,001 shares, compared to its average volume of 2,101. The firm’s fifty day simple moving average is $14.11 and its two-hundred day simple moving average is $14.34. Nuveen Pennsylvania Municipal Value Fund has a 52 week low of $11.96 and a 52 week high of $16.49.

About Nuveen Pennsylvania Municipal Value Fund

Nuveen Pennsylvania Municipal Value Fund is a close-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 fixed income markets of Pennsylvania. The fund primarily invests its assets in a portfolio of municipal securities with an objective to provide current income exempt from regular federal and Pennsylvania income taxes.

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Dividend History for Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN)

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