Nuveen New York Municipal Valu (NYSE:NNY – Get Free Report) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.0295 per share by the investment management company on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Monday, June 15th.
Nuveen New York Municipal Valu Price Performance
NYSE NNY opened at $8.62 on Friday. The stock’s fifty day moving average is $8.54 and its two-hundred day moving average is $8.54. Nuveen New York Municipal Valu has a fifty-two week low of $7.77 and a fifty-two week high of $8.94.
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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