Nuveen Div. Advantage Muni. Fund Plans Monthly Dividend of $0.07 (NAD)
Nuveen Div. Advantage Muni. Fund (NYSE:NAD) announced a monthly dividend on Wednesday, October 2nd, American Banking News reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.073 per share on Friday, November 1st. This represents a $0.88 annualized dividend and a dividend yield of 6.81%. The ex-dividend date is Thursday, October 10th.
Shares of Nuveen Div. Advantage Muni. Fund (NYSE:NAD) traded down 0.73% during mid-day trading on Wednesday, hitting $12.86. The stock had a trading volume of 168,821 shares. Nuveen Div. Advantage Muni. Fund has a one year low of $12.22 and a one year high of $16.33. The stock’s 50-day moving average is $12.69 and its 200-day moving average is $13.86. The company has a market cap of $505.3 million and a P/E ratio of 7.62.
Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) is a diversified closed-end, management investment company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.