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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.0325 per share by the closed-end fund on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen Municipal Value Fund Stock Down 0.4%

Shares of NYSE:NUV traded down $0.03 during trading on Wednesday, reaching $9.18. 212,103 shares of the stock were exchanged, compared to its average volume of 494,245. Nuveen Municipal Value Fund has a 12-month low of $8.43 and a 12-month high of $9.26. The firm’s 50-day moving average price is $9.13 and its 200 day moving average price is $9.10.

Nuveen Municipal Value Fund Company Profile

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.