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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Friday, February 13th will be given a dividend of 0.0325 per share by the closed-end fund on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Municipal Value Fund Stock Up 0.2%

Shares of NYSE:NUV traded up $0.02 during mid-day trading on Tuesday, hitting $9.18. The stock had a trading volume of 184,679 shares, compared to its average volume of 518,992. The company’s 50 day moving average is $9.06 and its 200-day moving average is $8.92. Nuveen Municipal Value Fund has a 12-month low of $8.38 and a 12-month high of $9.19.

Nuveen Municipal Value Fund Company Profile

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.