Nuveen New York Municipal Valu (NYSE:NNY) Declares Monthly Dividend of $0.03

Nuveen New York Municipal Valu (NYSE:NNY - Get Free Report) announced a monthly dividend on Monday, March 2nd. Investors of record on Friday, March 13th will be given a dividend of 0.0295 per share by the investment management company on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, March 13th.Nuveen New York Municipal Valu Stock PerformanceShares of NNY traded down $0.05 on Wednesday, reaching $8.69. The stock had a trading volume of 1,758 shares, compared to its average volume of 39,681. Nuveen New York Municipal Valu has a twelve month low of $7.77 and a twelve month high of $8.94. The firm has a 50-day moving average of $8.58 and a 200 day moving average of $8.45. Nuveen New York Municipal Valu Company Profile (Get Free Report)Nuveen New York Municipal Value Fund, Inc NYSE: NNY is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and New York State income taxes. The fund primarily invests in investment-grade municipal securities issued by public issuers in the State of New York, including general obligation bonds and revenue bonds issued to finance essential public projects such as schools, transportation infrastructure and utility systems. As a diversified municipal bond fund, NNY's portfolio spans a broad range of maturities and credit qualities within the investment-grade universe.Featured ArticlesFive stocks we like better than Nuveen New York Municipal ValuThe gold chart Wall Street is terrified of…What a Former CIA Agent Knows About the Coming CollapseElon Musk already made me a “wealthy man”Unlocked: Elon Musk’s Next Big IPO1,500 Banks Just Handed the Fed Your Bank AccountThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Nuveen New York Municipal Valu Right Now?Before you consider Nuveen New York Municipal Valu, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen New York Municipal Valu wasn't on the list.While Nuveen New York Municipal Valu currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here