Nuveen AMT-Free Municipal Value Fund (NUV) Increases Dividend to $0.03 Per Share
Nuveen AMT-Free Municipal Value Fund (NYSE:NUV) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be given a dividend of 0.0325 per share by the closed-end fund on Friday, December 1st. This represents a $0.39 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend is Tuesday, November 14th. This is a positive change from Nuveen AMT-Free Municipal Value Fund’s previous monthly dividend of $0.03.
Nuveen AMT-Free Municipal Value Fund has decreased its dividend by an average of 4.2% per year over the last three years.
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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