Nuveen Municipal Value Fund Inc Declares Monthly Dividend of $0.03 (NYSE:NUV)

Nuveen Municipal Value Fund Inc (NYSE:NUV) 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 0.031 per share by the closed-end fund on Thursday, February 1st. This represents a $0.37 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date is Thursday, January 11th.

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

Shares of Nuveen Municipal Value Fund (NUV) traded down $0.02 during mid-day trading on Friday, reaching $10.06. The company’s stock had a trading volume of 363,440 shares, compared to its average volume of 264,052. Nuveen Municipal Value Fund has a one year low of $9.48 and a one year high of $10.46.

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Nuveen 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.

Dividend History for Nuveen Municipal Value Fund (NYSE:NUV)

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