Nuveen Ny Mun V Plans Monthly Dividend of $0.03 (NNY)
Nuveen Ny Mun V (NYSE:NNY) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be paid a dividend of 0.0315 per share by the investment management company on Wednesday, November 1st. This represents a $0.38 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date is Thursday, October 12th.
Nuveen Ny Mun V has raised its dividend by an average of 0.6% annually over the last three years.
Shares of Nuveen Ny Mun V (NYSE:NNY) traded down 0.10% during trading on Tuesday, hitting $10.23. The stock had a trading volume of 32,547 shares. The stock’s 50-day moving average price is $10.17 and its 200 day moving average price is $10.05. Nuveen Ny Mun V has a 1-year low of $9.26 and a 1-year high of $10.40.
About Nuveen Ny Mun V
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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