Nuveen California Municipal Va (NCA) to Issue Monthly Dividend of $0.03 on June 1st

Nuveen California Municipal Va (NYSE:NCA) announced a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be paid a dividend of 0.03 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, May 15th.

Nuveen California Municipal Va Price Performance

NYSE:NCA traded up $0.02 during midday trading on Wednesday, hitting $9.68. 20,654 shares of the company were exchanged, compared to its average volume of 68,660. The company has a fifty day simple moving average of $9.33 and a 200 day simple moving average of $9.23. Nuveen California Municipal Va has a fifty-two week low of $8.33 and a fifty-two week high of $9.80.

Nuveen California Municipal Va Company Profile

Nuveen California Municipal Value Fund, Inc (NYSE: NCA) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and California state income taxes. The fund pursues its objective by investing substantially all of its assets in a diversified portfolio of municipal securities issued by entities located in or having projects based in California. Its holdings primarily include revenue and general obligation bonds, with an emphasis on investment-grade and select high-yield issues.

The portfolio management team employs a disciplined credit analysis process to assess the financial strength, revenue streams and underlying collateral of each issuer.