Nuveen Mortgage Opportunity Term Fund (NYSE:JLS) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 15th will be given a dividend of 0.1135 per share on Friday, December 29th. This represents a $1.36 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date is Thursday, December 14th.

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

Nuveen Mortgage Opportunity Term Fund (NYSE JLS) traded down $0.11 on Monday, reaching $25.72. The company had a trading volume of 20,497 shares, compared to its average volume of 28,452. Nuveen Mortgage Opportunity Term Fund has a twelve month low of $23.60 and a twelve month high of $26.07.

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About Nuveen Mortgage Opportunity Term Fund

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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