Nuveen Mortgage Opportunity Term Fund (JLS) to Issue Monthly Dividend of $0.11 on December 1st

Nuveen Mortgage Opportunity Term Fund (NYSE:JLS) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.1135 per share on Friday, December 1st. This represents a $1.36 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date is Tuesday, November 14th.

Nuveen Mortgage Opportunity Term Fund has decreased its dividend by an average of 15.4% per year over the last three years.

Nuveen Mortgage Opportunity Term Fund (NYSE JLS) traded up $0.07 during mid-day trading on Monday, reaching $25.72. The company had a trading volume of 16,600 shares, compared to its average volume of 28,965. Nuveen Mortgage Opportunity Term Fund has a fifty-two week low of $23.01 and a fifty-two week high of $26.07.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/11/13/nuveen-mortgage-opportunity-term-fund-jls-to-issue-monthly-dividend-of-0-11-on-december-1st.html.

About Nuveen Mortgage Opportunity Term Fund

Nuveen Mortgage Opportunity Term Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed security (MBS). It seeks to achieve its investment objective by investing primarily in non-agency residential MBS and commercial MBS.

Dividend History for Nuveen Mortgage Opportunity Term Fund (NYSE:JLS)

Receive News & Ratings for Nuveen Mortgage Opportunity Term Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Mortgage Opportunity Term Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply