Nuveen New York Municipal Value Fund Declares Monthly Dividend of $0.03 (NYSE:NNY)

Nuveen New York Municipal Value Fund (NYSE:NNY) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0295 per share by the investment management company on Monday, March 3rd. This represents a $0.35 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Friday, February 14th.

Nuveen New York Municipal Value Fund has increased its dividend payment by an average of 9.2% annually over the last three years.

Nuveen New York Municipal Value Fund Trading Up 0.4 %

NNY traded up $0.04 on Tuesday, reaching $8.26. The company had a trading volume of 87,024 shares, compared to its average volume of 53,856. The business has a 50 day simple moving average of $8.17 and a 200 day simple moving average of $8.36. Nuveen New York Municipal Value Fund has a 52-week low of $7.96 and a 52-week high of $8.70.

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.