Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN) Plans $0.04 Monthly Dividend

Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN) declared a monthly dividend on Friday, August 3rd, Wall Street Journal reports. Investors of record on Wednesday, August 15th will be given a dividend of 0.043 per share on Tuesday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend is Tuesday, August 14th.

Nuveen Pennsylvania Municipal Value Fund has increased its dividend payment by an average of 7.1% annually over the last three years.

NYSE:NPN traded down $0.03 during mid-day trading on Friday, reaching $13.58. The stock had a trading volume of 900 shares, compared to its average volume of 1,612. Nuveen Pennsylvania Municipal Value Fund has a 1-year low of $13.52 and a 1-year high of $15.87.

Nuveen Pennsylvania Municipal Value Fund Company Profile

Nuveen Pennsylvania Municipal Value Fund is a close-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 fixed income markets of Pennsylvania. The fund primarily invests its assets in a portfolio of municipal securities with an objective to provide current income exempt from regular federal and Pennsylvania income taxes.

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Dividend History for Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN)

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