Nuveen NY Municipal Value (NYSE:NNY) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be paid a dividend of 0.03 per share by the investment management company on Thursday, February 1st. This represents a $0.36 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date is Thursday, January 11th.

Nuveen NY Municipal Value has increased its dividend payment by an average of 0.6% annually over the last three years.

Nuveen NY Municipal Value (NNY) traded up $0.05 during mid-day trading on Wednesday, hitting $9.55. 42,488 shares of the stock were exchanged, compared to its average volume of 31,000. Nuveen NY Municipal Value has a one year low of $9.40 and a one year high of $10.65.

WARNING: This piece of content was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/01/03/nuveen-ny-municipal-value-nny-plans-monthly-dividend-of-0-03.html.

About Nuveen NY Municipal Value

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.

Dividend History for Nuveen NY Municipal Value (NYSE:NNY)

Receive News & Ratings for Nuveen NY Municipal Value Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen NY Municipal Value and related companies with MarketBeat.com's FREE daily email newsletter.