Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Raises Dividend to $0.07 Per Share

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be paid a dividend of 0.0685 per share on Thursday, August 1st. The ex-dividend date is Monday, July 15th. This is an increase from Nuveen Municipal Credit Opportunities Fund’s previous 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 Stock Performance

NMCO remained flat at $10.96 on Tuesday. 420,460 shares of the company were exchanged, compared to its average volume of 162,316. The business has a 50-day moving average price of $10.64 and a 200 day moving average price of $10.39. Nuveen Municipal Credit Opportunities Fund has a 52-week low of $10.37 and a 52-week high of $11.11.

About Nuveen Municipal Credit Opportunities Fund

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.