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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0325 per share by the closed-end fund on Monday, March 3rd. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date is Friday, February 14th.

Nuveen Municipal Value Fund Stock Up 0.2 %

Shares of Nuveen Municipal Value Fund stock traded up $0.02 during midday trading on Tuesday, reaching $8.84. 332,174 shares of the company’s stock traded hands, compared to its average volume of 437,581. Nuveen Municipal Value Fund has a 52 week low of $8.35 and a 52 week high of $9.15. The company’s 50 day simple moving average is $8.72 and its 200 day simple moving average is $8.84.

About Nuveen Municipal Value Fund

Nuveen 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 the United States. The fund also invests some portion of its portfolio in derivative instruments.