Nuveen New York Municipal Valu (NNY) To Go Ex-Dividend on September 15th
by Tristan Rich · The Markets DailyNuveen New York Municipal Valu (NYSE:NNY – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.0295 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Tuesday, September 15th.
Nuveen New York Municipal Valu Stock Up 0.1%
Shares of NNY stock opened at $7.94 on Friday. Nuveen New York Municipal Valu has a 1-year low of $7.92 and a 1-year high of $8.94. The company has a 50-day moving average of $8.33 and a two-hundred day moving average of $8.49.
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.
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