Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 15th will be paid a dividend of 0.07 per share by the investment management company on Friday, December 29th. This represents a $0.84 annualized dividend and a dividend yield of 5.47%. The ex-dividend date of this dividend is Thursday, December 14th.
Nuveen Enhanced Municipal Crdt Opptys Fd has increased its dividend payment by an average of 6.8% per year over the last three years.
Shares of Nuveen Enhanced Municipal Crdt Opptys Fd (NZF) traded down $0.07 during midday trading on Wednesday, hitting $15.37. The company had a trading volume of 299,300 shares, compared to its average volume of 322,455. Nuveen Enhanced Municipal Crdt Opptys Fd has a 1-year low of $13.79 and a 1-year high of $15.50.
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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.
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