Nuveen California Municipal Value Fund 2 Declares Monthly Dividend of $0.04 (NYSE:NCB)

Nuveen California Municipal Value Fund 2 (NYSE:NCB) announced a monthly dividend on Friday, November 1st, Zacks reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.043 per share on Monday, December 2nd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date is Thursday, November 14th.

Shares of NYSE NCB traded down $0.07 during trading on Tuesday, reaching $16.01. The stock had a trading volume of 1,376 shares, compared to its average volume of 3,675. Nuveen California Municipal Value Fund 2 has a fifty-two week low of $14.79 and a fifty-two week high of $17.50. The business’s 50-day moving average price is $16.59 and its 200-day moving average price is $16.36.

Nuveen California Municipal Value Fund 2 Company Profile

Nuveen California Municipal Value Fund 2 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 California. The fund primarily invests its assets in municipal securities.

See Also: How are Outstanding Shares Different from Authorized Shares?

Dividend History for Nuveen California Municipal Value Fund 2 (NYSE:NCB)

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