Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Plans Monthly Dividend of $0.07

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.0685 per share on Monday, December 2nd. This represents a $0.82 annualized dividend and a yield of 7.33%. 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 Stock Up 0.5 %

Shares of Nuveen Municipal Credit Opportunities Fund stock traded up $0.06 during midday trading on Thursday, reaching $11.22. 4,837 shares of the company’s stock traded hands, compared to its average volume of 198,240. Nuveen Municipal Credit Opportunities Fund has a 52 week low of $10.37 and a 52 week high of $12.20. The company’s 50 day simple moving average is $11.52 and its 200 day simple moving average is $11.15.

Nuveen Municipal Credit Opportunities Fund Company Profile

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.