Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, October 13th will be given a dividend of 0.1125 per share by the investment management company on Wednesday, November 1st. This represents a $1.35 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date is Thursday, October 12th.

Nuveen Mortgage Opportunity Term Fund 2 has decreased its dividend payment by an average of 23.4% per year over the last three years.

Shares of Nuveen Mortgage Opportunity Term Fund 2 (NYSE JMT) traded down 0.65% during midday trading on Tuesday, hitting $24.50. 10,522 shares of the stock were exchanged. Nuveen Mortgage Opportunity Term Fund 2 has a 12-month low of $22.05 and a 12-month high of $25.00. The firm has a 50-day moving average price of $24.60 and a 200-day moving average price of $24.25.

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About Nuveen Mortgage Opportunity Term Fund 2

Nuveen Mortgage Opportunity Term Fund 2 (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed security (MBS). It seeks to achieve its investment objective by investing primarily in non-agency residential MBS and commercial MBS.

Dividend History for Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT)

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