NUVEEN NY MUN V (NNY) Announces Monthly Dividend of $0.03
NUVEEN NY MUN V (NYSE:NNY) declared a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Shareholders of record on Friday, July 14th will be paid a dividend of 0.0315 per share by the investment management company on Tuesday, August 1st. This represents a $0.38 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Wednesday, July 12th.
NUVEEN NY MUN V has raised its dividend by an average of 0.6% per year over the last three years.
Shares of NUVEEN NY MUN V (NYSE:NNY) traded down 1.92% during trading on Wednesday, reaching $10.20. The company’s stock had a trading volume of 21,653 shares. NUVEEN NY MUN V has a 1-year low of $9.26 and a 1-year high of $10.69. The company’s 50-day moving average price is $10.10 and its 200 day moving average price is $9.76.
NUVEEN NY MUN V Company Profile
Nuveen New York Municipal Value Fund, Inc (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from regular federal, and New York State and New York City income tax and to enhance portfolio value. It invests over 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.
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