Nuveen Enhanced Municipal Crdt Opptys Fd (NZF) Announces $0.07 Monthly Dividend

Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 15th will be paid a dividend of 0.07 per share by the investment management company on Friday, December 29th. This represents a $0.84 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date of this dividend is Thursday, December 14th.

Nuveen Enhanced Municipal Crdt Opptys Fd has raised its dividend payment by an average of 6.8% annually over the last three years.

Shares of Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) remained flat at $$15.24 during trading on Monday. The company’s stock had a trading volume of 329,250 shares, compared to its average volume of 322,227. Nuveen Enhanced Municipal Crdt Opptys Fd has a twelve month low of $13.67 and a twelve month high of $15.50.

An institutional investor recently raised its position in Nuveen Enhanced Municipal Crdt Opptys Fd stock. The Manufacturers Life Insurance Company raised its position in Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF) by 142.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,941 shares of the investment management company’s stock after buying an additional 4,073 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Nuveen Enhanced Municipal Crdt Opptys Fd were worth $104,000 at the end of the most recent reporting period.

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Nuveen Enhanced Municipal Crdt Opptys Fd Company Profile

Nuveen Municipal Credit Income Fund, formerly Nuveen Enhanced Municipal Credit Opportunities Fund, is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain the United States territories.

Dividend History for Nuveen Enhanced Municipal Crdt Opptys Fd (NYSE:NZF)

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