Nuveen California Municipal Va (NYSE:NCA) Announces Monthly Dividend of $0.03

Nuveen California Municipal Va (NYSE:NCA) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be given a dividend of 0.03 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen California Municipal Va Stock Performance

Shares of NCA stock opened at $8.96 on Tuesday. Nuveen California Municipal Va has a 52-week low of $8.40 and a 52-week high of $9.80. The stock’s 50-day moving average price is $9.23 and its 200 day moving average price is $9.33.

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.