Nuveen California Municipal Va (NYSE:NCA) to Issue $0.03 Monthly Dividend

Nuveen California Municipal Va (NYSE:NCA) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.03 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen California Municipal Va Trading Up 0.1%

Shares of NYSE:NCA opened at $9.34 on Thursday. Nuveen California Municipal Va has a 12 month low of $8.40 and a 12 month high of $9.80. The company’s fifty day moving average price is $9.33 and its 200 day moving average price is $9.29.

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.