Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) to Issue Monthly Dividend of $0.05

Nuveen AMT-Free Municipal Value Fund (NYSE:NUWGet Free Report) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.047 per share on Friday, November 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Tuesday, October 15th. This is a boost from Nuveen AMT-Free Municipal Value Fund’s previous monthly dividend of $0.05.

Nuveen AMT-Free Municipal Value Fund has raised its dividend payment by an average of 1.4% per year over the last three years.

Nuveen AMT-Free Municipal Value Fund Stock Performance

NYSE:NUW opened at $14.34 on Thursday. The firm’s fifty day simple moving average is $14.07 and its 200 day simple moving average is $13.75. Nuveen AMT-Free Municipal Value Fund has a twelve month low of $12.45 and a twelve month high of $14.38.

About Nuveen AMT-Free Municipal Value Fund

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Nuveen AMT-Free Municipal Value Fund is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.

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Dividend History for Nuveen AMT-Free Municipal Value Fund (NYSE:NUW)

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