Nuveen New York Municipal Valu (NYSE:NNY – Get Free Report) announced a monthly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be given a dividend of 0.0295 per share by the investment management company on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, August 14th.
Nuveen New York Municipal Valu Trading Down 0.1%
Shares of NNY stock opened at $8.23 on Tuesday. Nuveen New York Municipal Valu has a 12 month low of $8.00 and a 12 month high of $8.94. The business’s 50 day moving average is $8.60 and its two-hundred day moving average is $8.56.
About Nuveen New York Municipal Valu
Nuveen New York Municipal Value Fund, Inc (NYSE: NNY) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State income taxes. The fund primarily invests in investment-grade municipal securities issued by public issuers in the State of New York, including general obligation bonds and revenue bonds issued to finance essential public projects such as schools, transportation infrastructure and utility systems.
As a diversified municipal bond fund, NNY’s portfolio spans a broad range of maturities and credit qualities within the investment-grade universe.
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