Nuveen New York Municipal Value Fund 2 (NYV) Declares $0.05 Monthly Dividend
Nuveen New York Municipal Value Fund 2 (NYSE:NYV) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be paid a dividend of 0.046 per share on Wednesday, November 1st. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date is Thursday, October 12th.
Nuveen New York Municipal Value Fund 2 has decreased its dividend by an average of 2.3% annually over the last three years.
Shares of Nuveen New York Municipal Value Fund 2 (NYV) traded down 0.54% during trading on Tuesday, reaching $14.78. 17,662 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $15.04 and a 200-day moving average price of $15.08. Nuveen New York Municipal Value Fund 2 has a 52 week low of $14.29 and a 52 week high of $16.35.
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Nuveen New York Municipal Value Fund 2 Company Profile
Nuveen New York Municipal Value Fund 2 (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide current income exempt from regular federal and New York income taxes. The Fund’s secondary investment objective is to enhance portfolio value and total return.
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