Nuveen Municipal Value Fund, Inc. Announces Monthly Dividend of $0.03 (NYSE:NUV)

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0325 per share by the closed-end fund on Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Thursday, January 15th.

Nuveen Municipal Value Fund Stock Up 0.2%

NUV stock traded up $0.02 during mid-day trading on Tuesday, reaching $9.09. 99,390 shares of the company traded hands, compared to its average volume of 460,139. Nuveen Municipal Value Fund has a 52-week low of $8.38 and a 52-week high of $9.15. The company has a fifty day moving average price of $9.05 and a 200-day moving average price of $8.88.

About Nuveen Municipal Value Fund

The Nuveen Municipal Value Fund (NYSE:NUV) is a closed-end management investment company that seeks to provide its shareholders with current income exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities, including bonds and other debt obligations issued by state, municipal, and local governments across the United States. Through its diversified portfolio, NUV aims to deliver a stable stream of tax-advantaged income while preserving capital.

NUV’s investment strategy focuses on long-term municipal bonds, selecting securities based on credit quality, yield potential, and sector diversification.