Nuveen Mortgage Opportunity Term Fund (NYSE:JLS) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be paid a dividend of 0.1135 per share on Wednesday, November 1st. This represents a $1.36 annualized dividend and a yield of 5.35%. The ex-dividend date is Thursday, October 12th.

Nuveen Mortgage Opportunity Term Fund has decreased its dividend by an average of 15.4% per year over the last three years.

Nuveen Mortgage Opportunity Term Fund (NYSE:JLS) traded up 0.47% during mid-day trading on Tuesday, reaching $25.56. 28,962 shares of the company’s stock were exchanged. The company’s 50-day moving average is $25.50 and its 200 day moving average is $25.28. Nuveen Mortgage Opportunity Term Fund has a one year low of $22.85 and a one year high of $25.89.

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Nuveen Mortgage Opportunity Term Fund Company Profile

Nuveen Mortgage Opportunity Term Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed security (MBS). It seeks to achieve its investment objective by investing primarily in non-agency residential MBS and commercial MBS.

Dividend History for Nuveen Mortgage Opportunity Term Fund (NYSE:JLS)

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