Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) Increases Dividend to $0.56 Per Share

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) announced a quarterly dividend on Monday, December 2nd,Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.56 per share on Tuesday, December 31st. This represents a $2.24 annualized dividend and a dividend yield of 8.26%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Nuveen Nasdaq 100 Dynamic Overwrite Fund’s previous quarterly dividend of $0.42.

Nuveen Nasdaq 100 Dynamic Overwrite Fund has raised its dividend by an average of 2.5% annually over the last three years.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Stock Up 0.0 %

QQQX stock opened at $27.11 on Wednesday. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a 1 year low of $22.37 and a 1 year high of $27.34. The company has a fifty day simple moving average of $25.77 and a 200 day simple moving average of $25.02.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Company Profile

Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.