Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Declares $0.05 Monthly Dividend

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0485 per share on Monday, February 3rd. This represents a $0.58 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen AMT-Free Municipal Value Fund has raised its dividend payment by an average of 1.4% annually over the last three years.

Nuveen AMT-Free Municipal Value Fund Price Performance

Shares of NYSE:NUW traded up $0.02 during mid-day trading on Friday, reaching $13.66. 35,770 shares of the company’s stock were exchanged, compared to its average volume of 37,135. Nuveen AMT-Free Municipal Value Fund has a twelve month low of $13.23 and a twelve month high of $14.38. The business’s fifty day moving average price is $13.78 and its 200-day moving average price is $13.92.

About Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Value Fund is a close-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 fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.