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

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Nuveen New York Municipal Valu (NYSE:NNY) has declared a monthly dividend of $0.0295 per share, payable on March 2nd to stockholders of record as of February 13th. This results in an annualized dividend yield of 4.1%. The ex-dividend date is also February 13th. The stock recently traded at $8.58, with a 12-month range between $7.77 and $8.94. Nuveen New York Municipal Valu primarily invests in investment-grade municipal securities in New York, aiming to provide tax-exempt income to shareholders.
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