Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) to Issue Dividend Increase – $0.07 Per Share

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be given a dividend of 0.0655 per share on Thursday, August 1st. This represents a $0.79 dividend on an annualized basis and a yield of 7.28%. The ex-dividend date of this dividend is Monday, July 15th. This is a positive change from Nuveen Municipal High Income Opportunity Fund’s previous monthly dividend of $0.07.

Nuveen Municipal High Income Opportunity Fund Stock Down 0.2 %

NMZ stock opened at $10.80 on Wednesday. The business has a 50 day moving average of $10.56 and a 200-day moving average of $10.31. Nuveen Municipal High Income Opportunity Fund has a 12-month low of $8.26 and a 12-month high of $10.94.

Nuveen Municipal High Income Opportunity Fund Company Profile

Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income 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 fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.