Nuveen Pennsylvania Municipal Value Fund (NPN) Plans $0.04 Monthly Dividend

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Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.0405 per share on Monday, June 3rd. This represents a $0.49 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date is Tuesday, May 14th.

Nuveen Pennsylvania Municipal Value Fund has raised its dividend payment by an average of 2.5% annually over the last three years.

Shares of NYSE:NPN opened at $13.61 on Friday. Nuveen Pennsylvania Municipal Value Fund has a fifty-two week low of $11.96 and a fifty-two week high of $14.45.

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About Nuveen Pennsylvania Municipal Value Fund

Nuveen Pennsylvania Municipal Value Fund 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 Pennsylvania. The fund primarily invests its assets in a portfolio of municipal securities with an objective to provide current income exempt from regular federal and Pennsylvania income taxes.

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Dividend History for Nuveen Pennsylvania Municipal Value Fund (NYSE:NPN)

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