Nuveen Short Duration Credit Opportunities Fund (JSD) Plans $0.11 Monthly Dividend

Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.106 per share by the closed-end fund on Friday, December 29th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date of this dividend is Thursday, December 14th.

Nuveen Short Duration Credit Opportunities Fund has decreased its dividend payment by an average of 13.8% per year over the last three years.

Shares of Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD) traded down $0.04 on Monday, reaching $16.93. 27,735 shares of the company traded hands, compared to its average volume of 40,424. Nuveen Short Duration Credit Opportunities Fund has a 1 year low of $16.70 and a 1 year high of $18.55.

In other news, insider Scott C. Caraher sold 2,000 shares of the company’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $17.52, for a total value of $35,040.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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About Nuveen Short Duration Credit Opportunities Fund

Nuveen Short Duration Credit Opportunities Fund is a diversified closed-end management investment company. The Fund’s investment objective is to provide current income and the potential for capital appreciation. The Fund invests primarily in a portfolio of below investment grade adjustable rate corporate debt instruments, including senior secured loans, second lien loans and other adjustable rate corporate debt instruments.

Dividend History for Nuveen Short Duration Credit Opportunities Fund (NYSE:JSD)

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