Nuveen AMT-Free Municipal Value Fund (NUV) Announces $0.03 Monthly Dividend
Nuveen AMT-Free Municipal Value Fund (NYSE:NUV) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, October 13th will be given a dividend of 0.0325 per share by the closed-end fund on Wednesday, November 1st. This represents a $0.39 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend is Thursday, October 12th.
Nuveen AMT-Free Municipal Value Fund has decreased its dividend payment by an average of 4.2% annually over the last three years.
Shares of Nuveen AMT-Free Municipal Value Fund (NYSE:NUV) traded up 0.29% during mid-day trading on Tuesday, hitting $10.28. 203,059 shares of the stock were exchanged. Nuveen AMT-Free Municipal Value Fund has a 12-month low of $9.34 and a 12-month high of $10.60. The stock’s 50 day moving average price is $10.26 and its 200-day moving average price is $10.05.
Nuveen AMT-Free Municipal Value Fund Company Profile
Nuveen Municipal Value Fund, Inc (the Fund) is a diversified closed-end management investment company. The Fund’s primary objective is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain territories of the United States.
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