Nuveen Municipal Value Fund Inc (NYSE:NUV) shares hit a new 52-week high on Monday . The company traded as high as $10.48 and last traded at $10.48, with a volume of 3099 shares trading hands. The stock had previously closed at $10.44.
The business’s 50-day moving average is $10.28 and its two-hundred day moving average is $9.99.
The business also recently declared a monthly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be given a $0.031 dividend. The ex-dividend date is Wednesday, August 14th. This represents a $0.37 dividend on an annualized basis and a yield of 3.54%.
About Nuveen Municipal Value Fund (NYSE:NUV)
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.
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