Nuveen New York Municipal Value Fund 2 (NYSE:NYV) announced a monthly dividend on Monday, December 3rd, NASDAQ reports. Shareholders of record on Friday, December 14th will be paid a dividend of 0.043 per share on Monday, December 31st. This represents a $0.52 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date is Thursday, December 13th.
Nuveen New York Municipal Value Fund 2 has raised its dividend by an average of 1.9% annually over the last three years.
Shares of NYV remained flat at $$13.50 during mid-day trading on Friday. 736 shares of the stock were exchanged, compared to its average volume of 4,842. Nuveen New York Municipal Value Fund 2 has a one year low of $13.10 and a one year high of $14.78.
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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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