Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Plans Quarterly Dividend of $0.24

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) declared a quarterly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.2365 per share by the financial services provider on Tuesday, October 1st. This represents a $0.95 dividend on an annualized basis and a dividend yield of 7.01%. The ex-dividend date is Friday, September 13th. This is an increase from Nuveen S&P 500 Buy-Write Income Fund’s previous quarterly dividend of $0.24.

Nuveen S&P 500 Buy-Write Income Fund has increased its dividend payment by an average of 2.5% annually over the last three years.

Nuveen S&P 500 Buy-Write Income Fund Stock Performance

Shares of NYSE:BXMX traded up $0.05 during trading on Thursday, reaching $13.49. The stock had a trading volume of 15,874 shares, compared to its average volume of 184,713. The business has a fifty day moving average price of $13.32 and a 200-day moving average price of $13.19. Nuveen S&P 500 Buy-Write Income Fund has a fifty-two week low of $11.74 and a fifty-two week high of $13.74.

About Nuveen S&P 500 Buy-Write Income Fund

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.