Nuveen New York Municipal Value Fund (NYSE:NNY) to Issue $0.03 Monthly Dividend

Nuveen New York Municipal Value Fund (NYSE:NNYGet Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.0295 per share by the investment management company on Monday, December 2nd. This represents a $0.35 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Friday, November 15th.

Nuveen New York Municipal Value Fund has raised its dividend by an average of 7.9% per year over the last three years.

Nuveen New York Municipal Value Fund Stock Performance

Shares of NNY stock opened at $8.32 on Thursday. The business has a fifty day moving average of $8.50 and a 200 day moving average of $8.39. Nuveen New York Municipal Value Fund has a 1 year low of $7.85 and a 1 year high of $8.70.

About Nuveen New York Municipal Value Fund

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Nuveen New York 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 New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.

Further Reading

Dividend History for Nuveen New York Municipal Value Fund (NYSE:NNY)

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