Nuveen Nasdaq 100 Dynamic Overwrite Fund to Issue Quarterly Dividend of $0.56 (NASDAQ:QQQX)

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) announced a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.56 per share on Tuesday, April 1st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 8.78%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Trading Up 1.6 %

Shares of NASDAQ QQQX traded up $0.40 during trading hours on Wednesday, hitting $25.52. The stock had a trading volume of 622,785 shares, compared to its average volume of 149,595. The firm’s 50-day moving average price is $26.97 and its two-hundred day moving average price is $26.01. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a 52 week low of $22.37 and a 52 week high of $27.95.

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.