Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) to Issue Monthly Dividend of $0.07

Posted by Mickey Rousseau on Jan 3rd, 2025

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ – Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0655 per share on Monday, February 3rd. This represents a $0.79 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date is Wednesday, January 15th.

Nuveen Municipal High Income Opportunity Fund Stock Performance

NYSE:NMZ traded up $0.04 during trading hours on Friday, reaching $10.99. 189,794 shares of the company were exchanged, compared to its average volume of 192,997. Nuveen Municipal High Income Opportunity Fund has a twelve month low of $9.49 and a twelve month high of $11.90. The stock’s 50-day moving average is $11.17 and its 200-day moving average is $11.17.

Nuveen Municipal High Income Opportunity Fund Company Profile

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Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.