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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0325 per share by the closed-end fund on Monday, November 2nd. This represents a $0.39 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Thursday, October 15th.

Nuveen Municipal Value Fund Price Performance

NUV stock opened at $8.32 on Friday. Nuveen Municipal Value Fund has a 1-year low of $8.02 and a 1-year high of $9.26. The stock has a 50-day moving average price of $8.81 and a 200-day moving average price of $9.01.

Nuveen Municipal Value Fund Company Profile

Nuveen Municipal Value Fund (NYSE: NUV) is a closed-end investment fund managed by Nuveen Asset Management, LLC. The fund seeks to provide current income that is exempt from regular federal income tax by investing primarily in municipal securities issued by states, cities, counties and other governmental entities.

Its portfolio may include a broad range of investment-grade and below-investment-grade municipal bonds, including general obligation and revenue bonds. These securities can finance public infrastructure and services such as schools, transportation systems, utilities and health care facilities.