Nuveen New York Municipal Value Fund 2 Plans Monthly Dividend of $0.04 (NYV)
Nuveen New York Municipal Value Fund 2 (NYSE:NYV) declared a monthly dividend on Monday, March 5th, Wall Street Journal reports. Shareholders of record on Thursday, March 15th will be paid a dividend of 0.0425 per share on Monday, April 2nd. This represents a $0.51 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend is Wednesday, March 14th.
Nuveen New York Municipal Value Fund 2 has increased its dividend payment by an average of 1.9% annually over the last three years.
Shares of Nuveen New York Municipal Value Fund 2 (NYV) traded up $0.05 on Monday, reaching $13.77. 141 shares of the company’s stock traded hands, compared to its average volume of 4,950. Nuveen New York Municipal Value Fund 2 has a 12 month low of $13.37 and a 12 month high of $15.94.
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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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