Nuveen Div. Advantage Muni. Fund (NYSE:NAD) declared a monthly dividend on Friday, January 3rd, Analyst Ratings.Net reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.074 per share on Monday, February 3rd. This represents a $0.89 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date of this dividend is Monday, January 13th.
Shares of Nuveen Div. Advantage Muni. Fund (NYSE:NAD) traded up 0.94% during mid-day trading on Friday, hitting $12.88. 364,487 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 $16.18. The stock’s 50-day moving average is $12.51 and its 200-day moving average is $12.81. The company has a market cap of $506.1 million and a price-to-earnings ratio of 7.50.
Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) is a diversified closed-end, management investment company.
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