Nuveen California Municipal Value Fund Plans Monthly Dividend of $0.03 (NYSE:NCA)

Nuveen California Municipal Value Fund (NYSE:NCA) declared a monthly dividend on Monday, January 6th, Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0285 per share on Monday, February 3rd. This represents a $0.34 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend is Tuesday, January 14th.

Nuveen California Municipal Value Fund has decreased its dividend by an average of 9.0% per year over the last three years.

NYSE:NCA opened at $10.61 on Monday. Nuveen California Municipal Value Fund has a fifty-two week low of $9.25 and a fifty-two week high of $10.75. The stock has a fifty day moving average price of $10.49 and a 200-day moving average price of $10.43.

Nuveen California Municipal Value Fund Company Profile

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.

Featured Article: Market Indexes

Dividend History for Nuveen California Municipal Value Fund (NYSE:NCA)

Receive News & Ratings for Nuveen California Municipal Value Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen California Municipal Value Fund and related companies with MarketBeat.com's FREE daily email newsletter.