Nuveen Ny Mun V (NYSE:NNY) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.0315 per share by the investment management company on Friday, December 1st. This represents a $0.38 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend is Tuesday, November 14th.
Nuveen Ny Mun V has raised its dividend by an average of 0.6% per year over the last three years.
Nuveen Ny Mun V (NYSE NNY) remained flat at $$9.75 during mid-day trading on Friday. The company had a trading volume of 12,055 shares, compared to its average volume of 21,133. Nuveen Ny Mun V has a one year low of $9.26 and a one year high of $10.65.
About Nuveen Ny Mun V
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.
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