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

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.0685 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th. This is an increase 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 6.3% per year over the last three years.

Nuveen Municipal Credit Opportunities Fund Stock Down 0.5 %

Shares of NYSE NMCO traded down $0.06 during trading on Tuesday, reaching $11.25. 171,675 shares of the stock traded hands, compared to its average volume of 201,501. The company has a 50-day moving average of $11.33 and a 200-day moving average of $11.22. Nuveen Municipal Credit Opportunities Fund has a 52-week low of $10.37 and a 52-week high of $12.20.

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.