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

Posted by Stephan Jacobs on Feb 5th, 2025

Nuveen Municipal Value Fund, Inc. (NYSE:NUV – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0325 per share by the closed-end fund on Monday, March 3rd. This represents a $0.39 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen Municipal Value Fund Trading Up 0.2 %

Nuveen Municipal Value Fund stock opened at $8.84 on Wednesday. The business’s 50-day simple moving average is $8.72 and its 200 day simple moving average is $8.84. Nuveen Municipal Value Fund has a 12-month low of $8.35 and a 12-month high of $9.15.

About Nuveen Municipal Value Fund

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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.