Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Raises Dividend to $0.07 Per Share

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCOGet Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.0685 per share on Monday, December 2nd. This represents a $0.82 dividend on an annualized basis and a yield of 7.37%. The ex-dividend date is Friday, November 15th. This is an increase from Nuveen Municipal Credit Opportunities Fund’s previous monthly dividend of $0.06.

Nuveen Municipal Credit Opportunities Fund has decreased its dividend by an average of 6.3% per year over the last three years.

Nuveen Municipal Credit Opportunities Fund Price Performance

Shares of Nuveen Municipal Credit Opportunities Fund stock traded up $0.08 during trading on Wednesday, hitting $11.16. 74,306 shares of the company were exchanged, compared to its average volume of 199,329. Nuveen Municipal Credit Opportunities Fund has a 1-year low of $10.37 and a 1-year high of $12.20. The firm’s fifty day moving average price is $11.53 and its 200 day moving average price is $11.15.

Nuveen Municipal Credit Opportunities Fund Company Profile

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Nuveen Municipal Credit Opportunities Fund (NMCO) seeks to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. The Fund invests primarily in high yielding, low- to medium-quality municipal securities that, at the time of investment, are rated Baa/BBB or lower or, if unrated, are judged by the portfolio managers to be of comparable quality.

See Also

Dividend History for Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO)

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