Nuveen California Municipal Va (NCA) to Issue Monthly Dividend of $0.03 on October 1st

Nuveen California Municipal Va (NYSE:NCA) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.03 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen California Municipal Va Trading Up 0.6%

Shares of NYSE NCA opened at $8.88 on Friday. The firm has a 50-day moving average price of $9.12 and a 200 day moving average price of $9.25. Nuveen California Municipal Va has a 52 week low of $8.59 and a 52 week high of $9.80.

Nuveen California Municipal Va Company Profile

Nuveen California Municipal Value Fund, Inc (NYSE: NCA) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal and California state income taxes. The fund pursues its objective by investing substantially all of its assets in a diversified portfolio of municipal securities issued by entities located in or having projects based in California. Its holdings primarily include revenue and general obligation bonds, with an emphasis on investment-grade and select high-yield issues.

The portfolio management team employs a disciplined credit analysis process to assess the financial strength, revenue streams and underlying collateral of each issuer.