Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.0655 per share on Monday, November 2nd. This represents a $0.79 annualized dividend and a dividend yield of 8.7%. The ex-dividend date is Thursday, October 15th.
Nuveen Municipal High Income Opportunity Fund Stock Up 1.6%
Shares of NYSE:NMZ opened at $9.04 on Friday. The company has a 50 day moving average of $9.81 and a 200 day moving average of $10.13. Nuveen Municipal High Income Opportunity Fund has a 12 month low of $8.70 and a 12 month high of $10.77.
About Nuveen Municipal High Income Opportunity Fund
Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) is a closed-end investment company managed by Nuveen. The fund seeks to provide current income that is exempt from regular federal income tax by investing primarily in municipal securities issued by states, cities, counties and other public entities in the United States.
The fund focuses on higher-yielding municipal bonds, including securities that may carry lower credit ratings or be considered below investment grade. Its portfolio may include tax-exempt bonds financing public infrastructure, essential services and other governmental or community projects.
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