Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Declares Monthly Dividend of $0.03

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0325 per share by the closed-end fund on Monday, February 3rd. This represents a $0.39 annualized dividend and a dividend yield of 4.48%. The ex-dividend date is Wednesday, January 15th.

Nuveen Municipal Value Fund Trading Up 0.3 %

NUV opened at $8.70 on Friday. The firm has a fifty day moving average price of $8.79 and a 200 day moving average price of $8.83. Nuveen Municipal Value Fund has a 1 year low of $8.35 and a 1 year high of $9.15.

Nuveen Municipal Value Fund Company Profile

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.