Nuveen California Municipal Value Fund (NYSE:NCA) to Issue $0.03 Monthly Dividend

Nuveen California Municipal Value Fund (NYSE:NCA) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be given a dividend of 0.029 per share on Tuesday, September 3rd. This represents a $0.35 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, August 15th.

Nuveen California Municipal Value Fund has raised its dividend by an average of 2.6% per year over the last three years.

Nuveen California Municipal Value Fund Trading Down 0.1 %

Nuveen California Municipal Value Fund stock traded down $0.01 during trading hours on Wednesday, hitting $9.03. The stock had a trading volume of 14,264 shares, compared to its average volume of 59,027. The company has a 50-day moving average of $8.77 and a two-hundred day moving average of $8.79. Nuveen California Municipal Value Fund has a fifty-two week low of $7.77 and a fifty-two week high of $9.15.

About Nuveen California Municipal Value Fund

Nuveen California Municipal Value Fund 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 California. The fund invests primarily in municipal securities rated Baa/BBB or better.