Nuveen Enhanced Municipal Value Fund (NYSE:NEV) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.056 per share on Tuesday, September 3rd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date of this dividend is Wednesday, August 14th.
Nuveen Enhanced Municipal Value Fund has decreased its dividend payment by an average of 5.7% per year over the last three years.
NYSE:NEV opened at $14.95 on Tuesday. Nuveen Enhanced Municipal Value Fund has a 12 month low of $12.55 and a 12 month high of $15.05. The stock has a 50-day moving average price of $14.54.
Nuveen Enhanced 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 the United States. The fund invests in undervalued municipal securities and other related investments the income from which is exempt from regular federal income taxes.
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