Nuveen Core Equity Alpha Fund to Issue Quarterly Dividend of $0.32 (NYSE:JCE)

Nuveen Core Equity Alpha Fund (NYSE:JCE) declared a quarterly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.32 per share on Tuesday, December 31st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 8.13%. The ex-dividend date is Friday, December 13th.

Nuveen Core Equity Alpha Fund has raised its dividend payment by an average of 11.4% per year over the last three years.

Nuveen Core Equity Alpha Fund Stock Performance

Shares of JCE stock traded up $0.04 during trading hours on Tuesday, reaching $15.75. The company had a trading volume of 18,634 shares, compared to its average volume of 42,289. Nuveen Core Equity Alpha Fund has a one year low of $12.80 and a one year high of $16.02. The business has a fifty day moving average price of $15.33 and a 200-day moving average price of $14.96.

About Nuveen Core Equity Alpha Fund

Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options.