Nuveen New Jersey Municipal Value Fund (NYSE:NJV) Plans $0.04 Monthly Dividend

Nuveen New Jersey Municipal Value Fund (NYSE:NJV) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.0375 per share on Tuesday, December 31st. This represents a $0.45 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Thursday, December 12th.

NYSE NJV traded down $0.25 on Wednesday, reaching $13.75. 6,714 shares of the stock traded hands, compared to its average volume of 3,703. The firm’s fifty day simple moving average is $13.76 and its 200 day simple moving average is $13.72. Nuveen New Jersey Municipal Value Fund has a 12 month low of $12.08 and a 12 month high of $14.29.

About Nuveen New Jersey Municipal Value Fund

Nuveen New Jersey Municipal Value Fund is a close-ended fixed income mutual fund launched by Nuveen Investments Inc It is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund invests in fixed income markets of New Jersey. It primarily invests its assets in a portfolio of municipal securities with an objective to provide current income exempt from regular federal and New Jersey income taxes.

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Dividend History for Nuveen New Jersey Municipal Value Fund (NYSE:NJV)

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