Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be given a dividend of 0.07 per share by the investment management company on Thursday, February 1st. This represents a $0.84 annualized dividend and a yield of 5.51%. The ex-dividend date is Thursday, January 11th.

Nuveen Enhanced Municipal Crdt Opptys Fd has raised its dividend payment by an average of 6.8% annually over the last three years.

Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE NZF) traded up $0.07 during midday trading on Wednesday, reaching $15.25. The company had a trading volume of 180,729 shares, compared to its average volume of 242,800. Nuveen Enhanced Municipal Crdt Opptys Fd has a 12-month low of $13.84 and a 12-month high of $15.50.

A hedge fund recently raised its stake in Nuveen Enhanced Municipal Crdt Opptys Fd stock. The Manufacturers Life Insurance Company boosted its position in Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) by 142.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,941 shares of the investment management company’s stock after purchasing an additional 4,073 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Nuveen Enhanced Municipal Crdt Opptys Fd were worth $104,000 as of its most recent SEC filing.

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About Nuveen Enhanced Municipal Crdt Opptys Fd

Nuveen Municipal Credit Income Fund, formerly Nuveen Enhanced Municipal Credit Opportunities Fund, is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain the United States territories.

Dividend History for Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF)

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