Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Plans Monthly Dividend of $0.07

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.0685 per share on Tuesday, December 31st. This represents a $0.82 dividend on an annualized basis and a yield of 7.37%. The ex-dividend date is Friday, December 13th. This is an increase from Nuveen Municipal Credit Opportunities Fund’s previous monthly dividend of $0.06.

Nuveen Municipal Credit Opportunities Fund has decreased its dividend by an average of 6.3% annually over the last three years.

Nuveen Municipal Credit Opportunities Fund Price Performance

Shares of NMCO stock opened at $11.15 on Wednesday. The firm has a 50 day moving average of $11.28 and a two-hundred day moving average of $11.25. Nuveen Municipal Credit Opportunities Fund has a 52 week low of $10.37 and a 52 week high of $12.20.

Nuveen Municipal Credit Opportunities Fund Company Profile

Nuveen Municipal Credit Opportunities Fund (NMCO) seeks to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. The Fund invests primarily in high yielding, low- to medium-quality municipal securities that, at the time of investment, are rated Baa/BBB or lower or, if unrated, are judged by the portfolio managers to be of comparable quality.