Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be given a dividend of 0.1125 per share by the investment management company on Friday, December 1st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date of this dividend is Tuesday, November 14th.

Nuveen Mortgage Opportunity Term Fund 2 has decreased its dividend by an average of 23.4% per year over the last three years.

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Nuveen Mortgage Opportunity Term Fund 2 Company Profile

Nuveen Mortgage Opportunity Term Fund 2 (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 2 (NYSE:JMT)

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