Nuveen California Municipal Value Fund (NYSE:NCA) announced a monthly dividend on Monday, July 6th, Wall Street Journal reports. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0265 per share on Monday, August 3rd. This represents a $0.32 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend is Tuesday, July 14th.
Nuveen California Municipal Value Fund has decreased its dividend payment by an average of 31.6% annually over the last three years.
Shares of NYSE:NCA opened at $10.48 on Friday. The stock’s 50-day simple moving average is $10.14 and its two-hundred day simple moving average is $10.20. Nuveen California Municipal Value Fund has a 52-week low of $8.74 and a 52-week high of $10.98.
Nuveen California 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 California. The fund invests primarily in municipal securities rated Baa/BBB or better.
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