Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) announced a monthly dividend on Thursday, October 1st, Zacks reports. Shareholders of record on Thursday, October 15th will be paid a dividend of 0.062 per share on Monday, November 2nd. This represents a $0.74 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date of this dividend is Wednesday, October 14th.
Nuveen Municipal High Income Oppty Fund has decreased its dividend payment by 20.4% over the last three years and has increased its dividend every year for the last 1 years.
Nuveen Municipal High Income Oppty Fund stock traded down $0.03 during mid-day trading on Friday, reaching $13.45. The stock had a trading volume of 188,191 shares, compared to its average volume of 351,526. Nuveen Municipal High Income Oppty Fund has a fifty-two week low of $9.25 and a fifty-two week high of $15.00. The stock’s 50-day simple moving average is $13.44 and its 200-day simple moving average is $12.90.
About Nuveen Municipal High Income Oppty Fund
Nuveen Municipal High Income Opportunity Fund is a closed-end 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 the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.
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