Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Raises Dividend to $0.07 Per Share

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) announced a dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.0685 per share on Tuesday, April 1st. The ex-dividend date is Friday, March 14th. This is a boost from Nuveen Municipal Credit Opportunities Fund’s previous dividend of $0.06.

Nuveen Municipal Credit Opportunities Fund has decreased its dividend payment by an average of 0.0% annually over the last three years.

Nuveen Municipal Credit Opportunities Fund Stock Down 0.8 %

Shares of NMCO traded down $0.10 during trading hours on Tuesday, hitting $11.14. 117,945 shares of the stock were exchanged, compared to its average volume of 131,677. Nuveen Municipal Credit Opportunities Fund has a 12-month low of $10.37 and a 12-month high of $12.20. The stock’s 50-day moving average price is $10.92 and its two-hundred day moving average price is $11.20.

About Nuveen Municipal Credit Opportunities Fund

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.