Nuveen California Municipal Value Fund 2 (NYSE:NCB) Plans Monthly Dividend of $0.07

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Nuveen California Municipal Value Fund 2 (NYSE:NCB) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.0728 per share on Tuesday, December 31st. This represents a $0.87 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date is Thursday, December 12th. This is a boost from Nuveen California Municipal Value Fund 2’s previous monthly dividend of $0.04.

NYSE NCB traded down $0.11 on Wednesday, reaching $15.95. 300 shares of the company were exchanged, compared to its average volume of 3,842. The business’s fifty day moving average price is $16.32 and its 200 day moving average price is $16.35. Nuveen California Municipal Value Fund 2 has a fifty-two week low of $14.79 and a fifty-two week high of $17.50.

About Nuveen California Municipal Value Fund 2

Nuveen California Municipal Value Fund 2 is a close-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets of California. The fund primarily invests its assets in municipal securities.

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Dividend History for Nuveen California Municipal Value Fund 2 (NYSE:NCB)

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