Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.1125 per share by the investment management company on Thursday, February 1st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 5.70%. The ex-dividend date is Thursday, January 11th.

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

Shares of Nuveen Mortgage Opportunity Term Fund 2 (NYSE JMT) traded up $0.06 during midday trading on Wednesday, hitting $23.69. The company had a trading volume of 14,892 shares, compared to its average volume of 18,950. Nuveen Mortgage Opportunity Term Fund 2 has a 1 year low of $22.93 and a 1 year high of $25.40.

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About Nuveen Mortgage Opportunity Term Fund 2

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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