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Nuveen Dividend Advantage Municipal Fd 3 (NYSE:NZF) declared a monthly dividend on Monday, August 4th, American Banking and Market News reports. Investors of record on Friday, August 15th will be given a dividend of 0.0625 per share on Tuesday, September 2nd. This represents a $0.75 dividend on an annualized basis and a yield of 5.45%. The ex-dividend date of this dividend is Wednesday, August 13th.

Shares of Nuveen Dividend Advantage Municipal Fd 3 (NYSE:NZF) traded down 0.65% on Monday, hitting $13.73. 168,940 shares of the company’s stock traded hands. Nuveen Dividend Advantage Municipal Fd 3 has a 1-year low of $11.81 and a 1-year high of $14.05. The stock’s 50-day moving average is $13.64 and its 200-day moving average is $13.28.

Nuveen Dividend Advantage Municipal Fund 3 (NYSE:NZF) is a closed-end management investment company.

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