Nuveen New Jersey Municipal Value Fund (NYSE:NJV) declared a monthly dividend on Wednesday, September 5th, Wall Street Journal reports. Investors of record on Friday, September 14th will be paid a dividend of 0.045 per share on Monday, October 1st. This represents a $0.54 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend is Thursday, September 13th.
Nuveen New Jersey Municipal Value Fund has raised its dividend payment by an average of 5.2% per year over the last three years.
Shares of NYSE NJV opened at $12.91 on Thursday. Nuveen New Jersey Municipal Value Fund has a 52-week low of $12.89 and a 52-week high of $15.40.
Nuveen New Jersey Municipal Value Fund Company Profile
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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