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

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders 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 by an average of 0.0% annually over the last three years.

Nuveen Municipal Credit Opportunities Fund Price Performance

Shares of NYSE:NMCO traded down $0.03 during mid-day trading on Thursday, reaching $10.72. The stock had a trading volume of 103,780 shares, compared to its average volume of 192,159. The business’s 50 day moving average price is $11.00 and its 200 day moving average price is $11.09. Nuveen Municipal Credit Opportunities Fund has a 1 year low of $10.01 and a 1 year high of $12.20.

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.