Nuveen Municipal Credit Opportunities Fund (NMCO) To Go Ex-Dividend on July 15th

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.0685 per share on Thursday, August 1st. This represents a $0.82 annualized dividend and a dividend yield of 7.50%. The ex-dividend date of this dividend is Monday, July 15th. This is a boost from Nuveen Municipal Credit Opportunities Fund’s previous monthly dividend of $0.06.

Nuveen Municipal Credit Opportunities Fund has decreased its dividend by an average of 6.3% annually over the last three years.

Nuveen Municipal Credit Opportunities Fund Price Performance

NYSE NMCO opened at $10.96 on Wednesday. Nuveen Municipal Credit Opportunities Fund has a twelve month low of $10.37 and a twelve month high of $11.11. The stock has a 50-day moving average of $10.66 and a 200 day moving average of $10.40.

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.