Nuveen Div. Advantage Muni. Fund (NAD) Declares Monthly Dividend of $0.07

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Nuveen Div. Advantage Muni. Fund (NYSE:NAD) declared a monthly dividend on Friday, May 2nd, Analyst Ratings.Net reports. Shareholders of record on Thursday, May 15th will be given a dividend of 0.074 per share on Monday, June 2nd. This represents a $0.89 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date of this dividend is Tuesday, May 13th.

Shares of Nuveen Div. Advantage Muni. Fund (NYSE:NAD) traded down 0.79% during mid-day trading on Friday, hitting $13.78. 116,430 shares of the company’s stock traded hands. Nuveen Div. Advantage Muni. Fund has a 52-week low of $12.10 and a 52-week high of $15.29. The stock has a 50-day moving average of $13.50 and a 200-day moving average of $13.10.

Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) is a diversified closed-end, management investment company.

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