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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.031 per share by the closed-end fund on Friday, November 1st. This represents a $0.37 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date of this dividend is Tuesday, October 15th.

Nuveen Municipal Value Fund Stock Down 0.6 %

Nuveen Municipal Value Fund stock opened at $9.04 on Thursday. The business has a 50 day moving average price of $8.88 and a two-hundred day moving average price of $8.69. Nuveen Municipal Value Fund has a 12 month low of $7.86 and a 12 month high of $9.09.

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.