Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) announced a monthly dividend on Wednesday, October 2nd, Zacks reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.06 per share on Friday, November 1st. This represents a $0.72 annualized dividend and a yield of 5.02%. The ex-dividend date is Friday, October 11th.
Nuveen Municipal High Income Oppty Fund has decreased its dividend payment by an average of 5.0% annually over the last three years.
Shares of NYSE:NMZ opened at $14.34 on Thursday. The company’s fifty day moving average price is $14.26 and its 200 day moving average price is $13.97. Nuveen Municipal High Income Oppty Fund has a 12 month low of $11.30 and a 12 month high of $14.58.
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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