News headlines about Nuveen Floating Rate Income Op (NYSE:JRO) have trended somewhat negative this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nuveen Floating Rate Income Op earned a daily sentiment score of -0.18 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 47.6111095922798 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of NYSE:JRO traded up $0.04 during mid-day trading on Thursday, reaching $10.92. The company had a trading volume of 63,845 shares, compared to its average volume of 137,527. Nuveen Floating Rate Income Op has a 52-week low of $10.55 and a 52-week high of $11.95.
The business also recently announced a monthly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Thursday, March 15th will be paid a $0.062 dividend. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 6.81%.
Nuveen Floating Rate Income Op Company Profile
Nuveen Floating Rate Income Opportunity Fund is a diversified closed-end management investment company. The Fund’s investment objective is to achieve a high level of current income. The Fund invests approximately 80% of its managed assets in adjustable rate loans, primarily secured senior loans. As part of the 80% requirement, the Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans.
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