Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) to Issue Monthly Dividend of $0.06

Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO) announced a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Stockholders of record on Thursday, April 15th will be given a dividend of 0.0575 per share by the financial services provider on Monday, May 3rd. This represents a $0.69 dividend on an annualized basis and a dividend yield of 7.21%. The ex-dividend date is Wednesday, April 14th.

Shares of NYSE:JRO opened at $9.57 on Wednesday. The business’s 50 day simple moving average is $9.38 and its 200 day simple moving average is $8.77. Nuveen Floating Rate Income Opportunity Fund has a 1 year low of $7.29 and a 1 year high of $9.64.

About Nuveen Floating Rate Income Opportunity Fund

Nuveen Floating Rate Income Opportunity Fund is an closed-end investment fund. Its investment objective is to achieve a high level of current income by investing its managed assets in adjustable rate loans. The company was founded in 2004 and is headquartered in Chicago, IL.

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Dividend History for Nuveen Floating Rate Income Opportunity Fund (NYSE:JRO)

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