Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) to Issue Quarterly Dividend of $0.34 on December 31st

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) declared a quarterly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.3375 per share by the investment management company on Tuesday, December 31st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date is Friday, December 13th.

Nuveen S&P 500 Dynamic Overwrite Fund has raised its dividend by an average of 5.6% per year over the last three years.

Nuveen S&P 500 Dynamic Overwrite Fund Stock Up 0.4 %

Shares of NYSE SPXX opened at $17.87 on Wednesday. Nuveen S&P 500 Dynamic Overwrite Fund has a fifty-two week low of $14.72 and a fifty-two week high of $17.94. The firm’s 50-day simple moving average is $17.08 and its 200 day simple moving average is $16.55.

About Nuveen S&P 500 Dynamic Overwrite Fund

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.