Nuveen Municipal Value Fund, Inc. (NUV) To Go Ex-Dividend on May 15th

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) announced a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be given a dividend of 0.0325 per share by the closed-end fund on Monday, June 1st. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen Municipal Value Fund Trading Down 0.3%

NYSE:NUV traded down $0.03 during mid-day trading on Wednesday, hitting $9.19. 266,019 shares of the company’s stock were exchanged, compared to its average volume of 494,707. Nuveen Municipal Value Fund has a one year low of $8.43 and a one year high of $9.26. The business has a fifty day moving average price of $9.13 and a 200 day moving average price of $9.10.

Nuveen Municipal Value Fund Company Profile

The Nuveen Municipal Value Fund (NYSE:NUV) is a closed-end management investment company that seeks to provide its shareholders with current income exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities, including bonds and other debt obligations issued by state, municipal, and local governments across the United States. Through its diversified portfolio, NUV aims to deliver a stable stream of tax-advantaged income while preserving capital.

NUV’s investment strategy focuses on long-term municipal bonds, selecting securities based on credit quality, yield potential, and sector diversification.