Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Announces $0.07 Monthly Dividend

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0685 per share on Thursday, May 1st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date of this dividend is Tuesday, April 15th.

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 Trading Down 0.2 %

NYSE NMCO traded down $0.03 during trading hours on Thursday, hitting $10.72. 103,780 shares of the company were exchanged, compared to its average volume of 192,159. Nuveen Municipal Credit Opportunities Fund has a 52 week low of $10.01 and a 52 week high of $12.20. The stock has a 50-day moving average price of $11.00 and a 200 day moving average price of $11.09.

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.