Nuveen California Municipal Va (NYSE:NCA) Shares to Pay Monthly Dividend of $0.03

Nuveen California Municipal Va (NYSE:NCA) announced a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be paid a dividend of $0.03 per share on Tuesday, December 1st. This represents a $0.36 annualized dividend and a yield of 4.3%. The ex-dividend date is Friday, November 13th.

Nuveen California Municipal Va Price Performance

Shares of NYSE NCA opened at $8.43 on Tuesday. The firm has a fifty day moving average of $8.58 and a 200 day moving average of $9.13. Nuveen California Municipal Va has a one year low of $8.12 and a one year high of $9.80.

Nuveen California Municipal Va Company Profile

Nuveen California Municipal Value Fund (NYSE: NCA) is a closed-end investment company managed by Nuveen, a global asset manager. The fund seeks to provide current income that is exempt from regular federal income tax and California state income tax, while also pursuing the potential for capital appreciation.

The fund invests primarily in municipal securities issued by the state of California and its municipalities, public agencies and other governmental entities. Its portfolio may include bonds financing public infrastructure and essential services such as transportation, utilities, education, health care and housing.

Because it is a closed-end fund, NCA issues a fixed number of exchange-listed shares that trade on the New York Stock Exchange.