Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Plans $0.03 Monthly Dividend

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.031 per share by the closed-end fund on Monday, December 2nd. This represents a $0.37 annualized dividend and a dividend yield of 4.20%. The ex-dividend date is Friday, November 15th.

Nuveen Municipal Value Fund Price Performance

Shares of NUV stock opened at $8.85 on Thursday. Nuveen Municipal Value Fund has a one year low of $8.27 and a one year high of $9.15. The company’s 50-day moving average is $9.00 and its 200 day moving average is $8.78.

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.