Nuveen California Municipal Va (NYSE:NCA) Increases Dividend to $0.03 Per Share

Nuveen California Municipal Va (NYSE:NCA - Get Free Report) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be paid a dividend of 0.03 per share on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, March 13th. This is a 3.4% increase from Nuveen California Municipal Va's previous monthly dividend of $0.03.Nuveen California Municipal Va Price PerformanceShares of Nuveen California Municipal Va stock traded up $0.14 during trading on Wednesday, hitting $9.37. The stock had a trading volume of 46,461 shares, compared to its average volume of 75,441. Nuveen California Municipal Va has a 12 month low of $8.22 and a 12 month high of $9.80. The firm's fifty day simple moving average is $9.39 and its 200-day simple moving average is $9.05. Nuveen California Municipal Va Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than Nuveen California Municipal VaThe gold chart Wall Street is terrified of…What a Former CIA Agent Knows About the Coming CollapseElon Musk already made me a “wealthy man”Unlocked: Elon Musk’s Next Big IPO1,500 Banks Just Handed the Fed Your Bank AccountThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Nuveen California Municipal Va Right Now?Before you consider Nuveen California Municipal Va, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen California Municipal Va wasn't on the list.While Nuveen California Municipal Va currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here