Nuveen NY Municipal Value (NYSE:NNY) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.01 and traded as low as $9.98. Nuveen NY Municipal Value shares last traded at $9.98, with a volume of 619 shares changing hands.
The business’s 50-day simple moving average is $10.01.
The company also recently declared a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.36 annualized dividend and a yield of 3.61%.
Nuveen NY Municipal Value Company Profile (NYSE:NNY)
Nuveen New York 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 New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.
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