Nuveen New Jersey Municipal Value Fund (NYSE:NJV) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.045 per share on Tuesday, September 3rd. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date of this dividend is Wednesday, August 14th.
Nuveen New Jersey Municipal Value Fund has raised its dividend by an average of 5.8% per year over the last three years.
NJV traded down $0.05 during trading on Tuesday, hitting $14.05. The stock had a trading volume of 800 shares, compared to its average volume of 3,463. The business’s 50 day simple moving average is $13.58. Nuveen New Jersey Municipal Value Fund has a twelve month low of $12.08 and a twelve month high of $14.29.
Nuveen New Jersey Municipal Value Fund is a close-ended fixed income mutual fund launched by Nuveen Investments Inc It is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund invests in fixed income markets of New Jersey. It primarily invests its assets in a portfolio of municipal securities with an objective to provide current income exempt from regular federal and New Jersey income taxes.
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