Nuveen Municipal Value Fund, Inc. (NUV) To Go Ex-Dividend on May 15th

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) announced a monthly dividend on Friday, May 2nd, Wall Street Journal reports. Investors of record on Thursday, May 15th will be paid a dividend of 0.0325 per share by the closed-end fund on Monday, June 2nd. This represents a $0.39 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend is Thursday, May 15th.

Nuveen Municipal Value Fund Trading Down 0.3%

Shares of Nuveen Municipal Value Fund stock opened at $8.69 on Tuesday. The stock has a fifty day simple moving average of $8.67 and a 200 day simple moving average of $8.74. Nuveen Municipal Value Fund has a 12-month low of $8.35 and a 12-month high of $9.15.

About Nuveen Municipal Value Fund

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.