NUVEEN NY MUN V (NNY) Announces Monthly Dividend of $0.03

NUVEEN NY MUN V (NYSE:NNY) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Friday, September 15th will be given a dividend of 0.0315 per share by the investment management company on Monday, October 2nd. This represents a $0.38 annualized dividend and a yield of 3.70%. The ex-dividend date is Thursday, September 14th.

NUVEEN NY MUN V has increased its dividend payment by an average of 0.6% annually over the last three years.

NUVEEN NY MUN V (NNY) traded down 0.20% during midday trading on Friday, reaching $10.22. 8,967 shares of the company traded hands. NUVEEN NY MUN V has a 12 month low of $9.26 and a 12 month high of $10.60. The firm’s 50 day moving average price is $10.17 and its 200 day moving average price is $10.00.

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NUVEEN NY MUN V Company Profile

Nuveen New York Municipal Value Fund, Inc (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from regular federal, and New York State and New York City income tax and to enhance portfolio value. It invests over 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.

Dividend History for NUVEEN NY MUN V (NYSE:NNY)

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