Nuveen California Municipal Value Fund Plans Monthly Dividend of $0.03 (NYSE:NCA)

Nuveen California Municipal Value Fund (NYSE:NCA) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.029 per share on Monday, December 2nd. This represents a $0.35 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date is Friday, November 15th.

Nuveen California Municipal Value Fund has increased its dividend payment by an average of 2.6% annually over the last three years.

Nuveen California Municipal Value Fund Stock Up 0.3 %

NCA stock traded up $0.03 during midday trading on Wednesday, reaching $8.75. The company had a trading volume of 12,074 shares, compared to its average volume of 59,156. Nuveen California Municipal Value Fund has a 1 year low of $8.23 and a 1 year high of $9.23. The company has a 50 day moving average of $9.07 and a two-hundred day moving average of $8.88.

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.