Nuveen New Jersey Municipal Value Fund (NJV) to Issue Monthly Dividend of $0.05

Nuveen New Jersey Municipal Value Fund (NYSE:NJV) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be given a dividend of 0.0475 per share on Thursday, February 1st. This represents a $0.57 annualized dividend and a yield of 3.99%. The ex-dividend date is Thursday, January 11th.

Nuveen New Jersey Municipal Value Fund has decreased its dividend by an average of 3.2% per year over the last three years.

Nuveen New Jersey Municipal Value Fund (NYSE NJV) traded up $0.07 during trading hours on Wednesday, reaching $14.27. 4,847 shares of the company traded hands, compared to its average volume of 5,250. Nuveen New Jersey Municipal Value Fund has a 52-week low of $13.97 and a 52-week high of $17.01.

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About Nuveen New Jersey Municipal Value Fund

Nuveen New Jersey Municipal Value Fund (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain United States territories.

Dividend History for Nuveen New Jersey Municipal Value Fund (NYSE:NJV)

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