Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.06 per share by the financial services provider on Tuesday, October 1st. This represents a $0.72 annualized dividend and a dividend yield of 7.54%. The ex-dividend date is Thursday, September 12th.
Nuveen Floating Rate Income Opportnty Fd has raised its dividend by an average of 2.3% annually over the last three years.
Shares of NYSE:JRO traded up $0.01 during midday trading on Thursday, hitting $9.55. The company’s stock had a trading volume of 4,893 shares, compared to its average volume of 140,038. The business’s 50 day simple moving average is $9.59 and its 200 day simple moving average is $9.77. Nuveen Floating Rate Income Opportnty Fd has a 12-month low of $8.69 and a 12-month high of $10.40.
Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. It invests in fixed income markets of the United States. The fund invests in adjustable rate loans, primarily in senior loans.
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