Nuveen New York Municipal Valu (NNY) to Issue Monthly Dividend of $0.03 on March 2nd

Nuveen New York Municipal Valu (NYSE:NNY) announced a monthly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be given a dividend of 0.0295 per share by the investment management company on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen New York Municipal Valu Stock Up 0.2%

Shares of NNY opened at $8.51 on Wednesday. The company’s 50 day moving average price is $8.54 and its 200 day moving average price is $8.37. Nuveen New York Municipal Valu has a 52 week low of $7.77 and a 52 week high of $8.94.

About Nuveen New York Municipal Valu

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.