Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Friday, June 14th will be paid a dividend of 0.063 per share by the financial services provider on Monday, July 1st. This represents a $0.76 dividend on an annualized basis and a yield of 7.72%. The ex-dividend date is Thursday, June 13th.
Nuveen Floating Rate Income Opportnty Fd has raised its dividend by an average of 2.3% annually over the last three years.
Nuveen Floating Rate Income Opportnty Fd stock traded up $0.04 during trading hours on Wednesday, reaching $9.79. The stock had a trading volume of 4,200 shares, compared to its average volume of 150,054. Nuveen Floating Rate Income Opportnty Fd has a 52 week low of $8.69 and a 52 week high of $10.63.
About Nuveen Floating Rate Income Opportnty Fd
Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. It invests in fixed income markets of the United States. The fund invests in adjustable rate loans, primarily in senior loans.
Further Reading: Return On Assets
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