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

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0685 per share on Monday, March 3rd. This represents a $0.82 annualized dividend and a yield of 7.34%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Nuveen Municipal Credit Opportunities Fund’s previous monthly dividend of $0.06.

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

Nuveen Municipal Credit Opportunities Fund Stock Performance

Shares of NMCO opened at $11.20 on Wednesday. Nuveen Municipal Credit Opportunities Fund has a 52 week low of $10.37 and a 52 week high of $12.20. The stock’s 50-day moving average price is $10.84 and its 200-day moving average price is $11.21.

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.