Nuveen New York Municipal Value Fund 2 to Issue Monthly Dividend of $0.04 (NYSE:NYV)

Nuveen New York Municipal Value Fund 2 (NYSE:NYV) declared a monthly dividend on Friday, November 1st, Zacks reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.036 per share on Monday, December 2nd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date is Thursday, November 14th.

NYV stock traded down $0.04 on Wednesday, reaching $14.21. 436 shares of the company traded hands, compared to its average volume of 3,553. Nuveen New York Municipal Value Fund 2 has a one year low of $12.64 and a one year high of $14.88. The firm has a fifty day simple moving average of $14.36 and a 200-day simple moving average of $14.47.

About Nuveen New York Municipal Value Fund 2

Nuveen New York Municipal Value Fund 2 (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide current income exempt from regular federal and New York income taxes. The Fund’s secondary investment objective is to enhance portfolio value and total return.

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Dividend History for Nuveen New York Municipal Value Fund 2 (NYSE:NYV)

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