Nuveen New York Municipal Valu (NYSE:NNY – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.0295 per share by the investment management company on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Wednesday, July 15th.
Nuveen New York Municipal Valu Stock Up 0.2%
NNY stock opened at $8.76 on Thursday. Nuveen New York Municipal Valu has a 12 month low of $7.93 and a 12 month high of $8.94. The company has a 50-day moving average price of $8.57 and a 200 day moving average price of $8.56.
Nuveen New York Municipal Valu Company Profile
Nuveen New York Municipal Value Fund, Inc (NYSE: NNY) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State income taxes. The fund primarily invests in investment-grade municipal securities issued by public issuers in the State of New York, including general obligation bonds and revenue bonds issued to finance essential public projects such as schools, transportation infrastructure and utility systems.
As a diversified municipal bond fund, NNY’s portfolio spans a broad range of maturities and credit qualities within the investment-grade universe.
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