Nuveen New York Municipal Value Fund 2 Declares Monthly Dividend of $0.04 (NYV)
Nuveen New York Municipal Value Fund 2 (NYSE:NYV) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.0425 per share on Friday, December 29th. This represents a $0.51 annualized dividend and a yield of 3.57%. The ex-dividend date of this dividend is Thursday, December 14th.
Nuveen New York Municipal Value Fund 2 has decreased its dividend by an average of 2.3% annually over the last three years.
Nuveen New York Municipal Value Fund 2 (NYSE:NYV) traded down $0.05 on Monday, reaching $14.30. 10,188 shares of the company’s stock traded hands, compared to its average volume of 3,632. Nuveen New York Municipal Value Fund 2 has a 12 month low of $14.16 and a 12 month high of $16.35.
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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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