Nuveen Amt-Free Municipal Value Fund (NYSE:NUW) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be paid a dividend of 0.06 per share on Friday, December 1st. This represents a $0.72 annualized dividend and a yield of 4.19%. The ex-dividend date is Tuesday, November 14th.
Nuveen Amt-Free Municipal Value Fund has decreased its dividend by an average of 5.2% annually over the last three years.
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About Nuveen Amt-Free Municipal Value Fund
Nuveen AMT-Free Municipal Value Fund is a diversified closed-end management investment company. The Fund’s primary objective is current income exempt from regular federal income taxes and its secondary objective is to enhance portfolio value and total return. The Fund seeks to provide monthly tax-free income exempt from federal income tax, including alternative minimum tax (AMT); after tax total returns from an investment grade portfolio, and portfolio diversification.
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