Nuveen Municipal High Income Oppty Fund to Issue Monthly Dividend of $0.06 (NYSE:NMZ)

Nuveen Municipal High Income Oppty Fund (NYSE:NMZ) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Friday, September 13th will be given a dividend of 0.06 per share on Tuesday, October 1st. This represents a $0.72 annualized dividend and a yield of 5.00%. The ex-dividend date of this dividend is Thursday, September 12th.

Nuveen Municipal High Income Oppty Fund has decreased its dividend payment by an average of 5.0% annually over the last three years.

NMZ stock traded down $0.02 during mid-day trading on Thursday, hitting $14.41. 9,773 shares of the company were exchanged, compared to its average volume of 165,508. The firm’s 50 day simple moving average is $14.27 and its 200 day simple moving average is $13.77. Nuveen Municipal High Income Oppty Fund has a 1-year low of $11.30 and a 1-year high of $14.58.

Nuveen Municipal High Income Oppty Fund Company Profile

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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Dividend History for Nuveen Municipal High Income Oppty Fund (NYSE:NMZ)

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