Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) announced a monthly dividend on Monday, December 3rd, NASDAQ reports. Shareholders of record on Friday, December 14th will be paid a dividend of 0.056 per share on Monday, December 31st. This represents a $0.67 annualized dividend and a dividend yield of 5.62%. The ex-dividend date is Thursday, December 13th.
Nuveen Municipal High Income Oppty Fund has decreased its dividend by an average of 4.3% annually over the last three years.
Shares of NYSE NMZ traded up $0.04 on Friday, hitting $11.95. The company’s stock had a trading volume of 138,500 shares, compared to its average volume of 164,775. Nuveen Municipal High Income Oppty Fund has a 12-month low of $11.60 and a 12-month high of $13.91.
Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.
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