Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) to Issue Quarterly Dividend of $0.56 on December 31st

Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX) declared a quarterly dividend on Monday, December 1st. Shareholders of record on Monday, December 15th will be paid a dividend of 0.56 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Monday, December 15th.

Nuveen NASDAQ 100 Dynamic Overwrite Fund Price Performance

Nuveen NASDAQ 100 Dynamic Overwrite Fund stock traded down $0.07 during mid-day trading on Wednesday, hitting $28.12. The stock had a trading volume of 18,759 shares, compared to its average volume of 134,185. The stock has a 50-day simple moving average of $27.66 and a two-hundred day simple moving average of $26.79. Nuveen NASDAQ 100 Dynamic Overwrite Fund has a 12 month low of $20.34 and a 12 month high of $28.50.

Institutional Investors Weigh In On Nuveen NASDAQ 100 Dynamic Overwrite Fund

Several large investors have recently bought and sold shares of QQQX. Harbour Investments Inc. raised its position in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund by 980.0% during the first quarter. Harbour Investments Inc. now owns 1,080 shares of the company’s stock worth $26,000 after purchasing an additional 980 shares during the period. Clearstead Trust LLC bought a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund in the third quarter worth $27,000. Advisory Services Network LLC acquired a new position in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund during the 3rd quarter worth about $28,000. Mather Group LLC. acquired a new position in Nuveen NASDAQ 100 Dynamic Overwrite Fund during the third quarter valued at approximately $35,000. Finally, Westfuller Advisors LLC bought a new stake in shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund during the 3rd quarter worth approximately $45,000. Institutional investors own 23.62% of the company’s stock.

About Nuveen NASDAQ 100 Dynamic Overwrite Fund

Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors 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.