Nuveen New York Municipal Value Fund 2 (NYSE:NYV) Plans Monthly Dividend of $0.27

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Nuveen New York Municipal Value Fund 2 (NYSE:NYV) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.2694 per share on Tuesday, December 31st. This represents a $3.23 dividend on an annualized basis and a yield of 22.51%. The ex-dividend date is Thursday, December 12th. This is a positive change from Nuveen New York Municipal Value Fund 2’s previous monthly dividend of $0.04.

Nuveen New York Municipal Value Fund 2 stock opened at $14.36 on Tuesday. Nuveen New York Municipal Value Fund 2 has a one year low of $12.64 and a one year high of $14.88. The business’s fifty day moving average is $14.32 and its 200 day moving average is $14.45.

About Nuveen New York Municipal Value Fund 2

Nuveen New York Municipal Value Fund 2 (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide current income exempt from regular federal and New York income taxes. The Fund’s secondary investment objective is to enhance portfolio value and total return.

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Dividend History for Nuveen New York Municipal Value Fund 2 (NYSE:NYV)

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