Nuveen Mortgage Opportunity Term Fund Declares Monthly Dividend of $0.11 (JLS)

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.

COPYRIGHT VIOLATION WARNING: “Nuveen Mortgage Opportunity Term Fund Declares Monthly Dividend of $0.11 (JLS)” was posted by Community Financial News and is the property of of Community Financial News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.com-unik.info/2017/12/04/nuveen-mortgage-opportunity-term-fund-declares-monthly-dividend-of-0-11-jls.html.

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)

What are top analysts saying about Nuveen Mortgage Opportunity Term Fund? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Nuveen Mortgage Opportunity Term Fund and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit