Nuveen AMT-Free Municipal Value Fund (NUW) To Go Ex-Dividend on October 15th

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.047 per share on Friday, November 1st. This represents a $0.56 annualized dividend and a dividend yield of 3.94%. The ex-dividend date of this dividend is Tuesday, October 15th. This is a boost from Nuveen AMT-Free Municipal Value Fund’s previous monthly dividend of $0.05.

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

Nuveen AMT-Free Municipal Value Fund Price Performance

Shares of NYSE NUW remained flat at $14.33 during mid-day trading on Thursday. 2,409 shares of the company were exchanged, compared to its average volume of 37,095. Nuveen AMT-Free Municipal Value Fund has a fifty-two week low of $12.45 and a fifty-two week high of $14.38. The company has a fifty day moving average of $14.07 and a two-hundred day moving average of $13.75.

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.