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

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0685 per share on Thursday, May 1st. This represents a $0.82 annualized dividend and a yield of 7.80%. The ex-dividend date is Tuesday, April 15th.

Nuveen Municipal Credit Opportunities Fund has decreased its dividend by an average of 0.0% annually over the last three years.

Nuveen Municipal Credit Opportunities Fund Trading Down 1.5 %

Shares of NMCO opened at $10.54 on Friday. Nuveen Municipal Credit Opportunities Fund has a 52 week low of $10.01 and a 52 week high of $12.20. The business’s fifty day moving average price is $10.99 and its two-hundred day moving average price is $11.08.

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.