Nuveen S&P 500 Dynamic Overwrite Fund Declares Quarterly Dividend of $0.34 (NYSE:SPXX)

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) announced a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.3375 per share by the investment management company on Tuesday, April 1st. This represents a $1.35 annualized dividend and a dividend yield of 7.56%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen S&P 500 Dynamic Overwrite Fund has increased its dividend by an average of 7.6% annually over the last three years.

Nuveen S&P 500 Dynamic Overwrite Fund Trading Down 1.5 %

Shares of NYSE:SPXX traded down $0.26 during midday trading on Tuesday, hitting $17.85. The company had a trading volume of 83,528 shares, compared to its average volume of 58,971. Nuveen S&P 500 Dynamic Overwrite Fund has a 12-month low of $14.91 and a 12-month high of $18.52. The company has a fifty day moving average of $17.91 and a two-hundred day moving average of $17.27.

About Nuveen S&P 500 Dynamic Overwrite Fund

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