Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) Announces Quarterly Dividend of $0.27

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.265 per share by the investment management company on Tuesday, December 31st. This represents a $1.06 dividend on an annualized basis and a dividend yield of 6.56%. The ex-dividend date is Thursday, December 12th.

Shares of SPXX stock traded up $0.16 during mid-day trading on Wednesday, reaching $16.16. 30,203 shares of the company were exchanged, compared to its average volume of 41,183. Nuveen S&P 500 Dynamic Overwrite Fund has a fifty-two week low of $12.81 and a fifty-two week high of $16.87. The business’s 50 day simple moving average is $15.83 and its 200 day simple moving average is $15.93.

Nuveen S&P 500 Dynamic Overwrite Fund Company Profile

Nuveen S&P 500 Dynamic Overwrite Fund is a closed-ended equity indexed 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 public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.

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Dividend History for Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX)

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