Nuveen California Municipal Va (NYSE:NCA) Plans $0.03 Monthly Dividend

Nuveen California Municipal Va (NYSE:NCA) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.029 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, January 15th.

Nuveen California Municipal Va Trading Up 0.1%

NCA opened at $9.23 on Tuesday. The firm’s 50 day simple moving average is $9.00 and its two-hundred day simple moving average is $8.79. Nuveen California Municipal Va has a 1-year low of $8.22 and a 1-year high of $9.50.

About Nuveen California Municipal Va

Nuveen California Municipal Value Fund, Inc (NYSE: NCA) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and California state income taxes. The fund pursues its objective by investing substantially all of its assets in a diversified portfolio of municipal securities issued by entities located in or having projects based in California. Its holdings primarily include revenue and general obligation bonds, with an emphasis on investment-grade and select high-yield issues.

The portfolio management team employs a disciplined credit analysis process to assess the financial strength, revenue streams and underlying collateral of each issuer.