Nuveen S&P 500 Dynamic Overwrite Fund (NASDAQ:SPXX) declared a quarterly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Friday, September 15th will be paid a dividend of 0.2525 per share on Monday, October 2nd. This represents a $1.01 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date is Thursday, September 14th. This is an increase from Nuveen S&P 500 Dynamic Overwrite Fund’s previous quarterly dividend of $0.24.
Shares of Nuveen S&P 500 Dynamic Overwrite Fund (NASDAQ:SPXX) traded down 0.13% on Wednesday, reaching $15.47. The company had a trading volume of 24,234 shares. Nuveen S&P 500 Dynamic Overwrite Fund has a 52-week low of $13.07 and a 52-week high of $16.47. The company has a 50 day moving average price of $15.37 and a 200 day moving average price of $15.35.
ILLEGAL ACTIVITY NOTICE: This piece was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://stocknewstimes.com/2017/09/13/nuveen-sp-500-dynamic-overwrite-fund-spxx-to-issue-quarterly-dividend-of-0-25-on-october-2nd.html.
About Nuveen S&P 500 Dynamic Overwrite Fund
Nuveen S&P 500 Dynamic Overwrite Fund (the Fund) is a closed-end fund. The Fund’s investment objective is to seek attractive total return with less volatility than the S&P 500 Index. It pursues its investment strategy by emphasizing index call options on the S&P 500 Index, as well as a range of options, including index options on other broad-based indexes and options on custom baskets of stocks in addition to exchange-traded funds (ETFs).
Receive News & Ratings for Nuveen S&P 500 Dynamic Overwrite Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen S&P 500 Dynamic Overwrite Fund and related companies with MarketBeat.com's FREE daily email newsletter.