Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) to Issue $0.29 Quarterly Dividend

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) declared a quarterly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.294 per share by the investment management company on Tuesday, October 1st. This represents a $1.18 annualized dividend and a yield of 7.17%. The ex-dividend date of this dividend is Friday, September 13th.

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

Nuveen S&P 500 Dynamic Overwrite Fund Stock Performance

Shares of NYSE SPXX traded up $0.07 during trading on Wednesday, hitting $16.40. The stock had a trading volume of 38,926 shares, compared to its average volume of 40,755. The firm has a fifty day moving average of $16.32 and a two-hundred day moving average of $15.86. Nuveen S&P 500 Dynamic Overwrite Fund has a 12 month low of $13.57 and a 12 month high of $16.75.

Nuveen S&P 500 Dynamic Overwrite Fund Company Profile

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.