Nuveen California Municipal Value Fund 2 (NCB) Announces $0.05 Monthly Dividend

Nuveen California Municipal Value Fund 2 (NYSE:NCB) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.054 per share on Monday, June 3rd. This represents a $0.65 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend is Tuesday, May 14th.

Nuveen California Municipal Value Fund 2 has decreased its dividend by an average of 11.9% annually over the last three years.

Shares of Nuveen California Municipal Value Fund 2 stock traded up $0.13 during trading on Friday, reaching $16.07. 6,700 shares of the company traded hands, compared to its average volume of 3,210. Nuveen California Municipal Value Fund 2 has a 1-year low of $14.79 and a 1-year high of $16.61.

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Nuveen California Municipal Value Fund 2 Company Profile

Nuveen California Municipal Value Fund 2 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 California. The fund primarily invests its assets in municipal securities.

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Dividend History for Nuveen California Municipal Value Fund 2 (NYSE:NCB)

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