Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Declares Dividend Increase – $0.07 Per Share

by · The Cerbat Gem

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO – Get Free Report) declared a dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.0685 per share on Tuesday, December 31st. The ex-dividend date is Friday, December 13th. This is an increase from Nuveen Municipal Credit Opportunities Fund’s previous dividend of $0.06.

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

Nuveen Municipal Credit Opportunities Fund Stock Down 0.5 %

NYSE:NMCO traded down $0.06 during midday trading on Tuesday, hitting $11.25. The company had a trading volume of 171,675 shares, compared to its average volume of 201,501. Nuveen Municipal Credit Opportunities Fund has a 52-week low of $10.37 and a 52-week high of $12.20. The stock’s fifty day moving average price is $11.33 and its 200-day moving average price is $11.22.

Nuveen Municipal Credit Opportunities Fund Company Profile

(Get Free Report)

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.

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