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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0325 per share by the closed-end fund on Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Municipal Value Fund Stock Performance

NUV opened at $9.23 on Thursday. The stock has a fifty day moving average of $9.12 and a 200-day moving average of $9.11. Nuveen Municipal Value Fund has a 12-month low of $8.45 and a 12-month high of $9.26.

About Nuveen Municipal Value Fund

The Nuveen Municipal Value Fund (NYSE:NUV) is a closed-end management investment company that seeks to provide its shareholders with current income exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities, including bonds and other debt obligations issued by state, municipal, and local governments across the United States. Through its diversified portfolio, NUV aims to deliver a stable stream of tax-advantaged income while preserving capital.

NUV’s investment strategy focuses on long-term municipal bonds, selecting securities based on credit quality, yield potential, and sector diversification.