Nuveen Municipal Value Fund Inc (NYSE:NUV) announced a monthly dividend on Monday, December 3rd, NASDAQ reports. Investors of record on Friday, December 14th will be given a dividend of 0.031 per share by the closed-end fund on Monday, December 31st. This represents a $0.37 annualized dividend and a yield of 3.96%. The ex-dividend date is Thursday, December 13th.
Nuveen Municipal Value Fund has decreased its dividend payment by an average of 3.2% per year over the last three years.
NYSE:NUV traded down $0.03 during trading hours on Friday, hitting $9.40. The company’s stock had a trading volume of 464,544 shares, compared to its average volume of 447,262. Nuveen Municipal Value Fund has a twelve month low of $9.11 and a twelve month high of $10.24.
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Nuveen Municipal Value Fund Company Profile
Nuveen Municipal Value Fund, Inc is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments.
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