Nuveen Municipal High Income Oppty Fund Plans Monthly Dividend of $0.07 (NMZ)
Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be paid a dividend of 0.065 per share on Thursday, February 1st. This represents a $0.78 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend is Thursday, January 11th.
Nuveen Municipal High Income Oppty Fund has increased its dividend by an average of 0.3% annually over the last three years.
Shares of Nuveen Municipal High Income Oppty Fund (NMZ) traded up $0.05 during mid-day trading on Wednesday, reaching $13.73. The company’s stock had a trading volume of 142,447 shares, compared to its average volume of 130,400. Nuveen Municipal High Income Oppty Fund has a 12 month low of $12.72 and a 12 month high of $13.91.
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Nuveen Municipal High Income Opportunity 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 territories in the United States.
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