Nuveen Nasdaq 100 Dynamic Overwrite Fund Declares Quarterly Dividend of $0.42 (NASDAQ:QQQX)

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) announced a quarterly dividend on Tuesday, September 3rd, Zacks reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.42 per share on Tuesday, October 1st. This represents a $1.68 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date is Friday, September 13th.

Nuveen Nasdaq 100 Dynamic Overwrite Fund has raised its dividend by an average of 2.5% annually over the last three years.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Stock Performance

QQQX stock traded up $0.12 during mid-day trading on Thursday, reaching $24.83. The company had a trading volume of 13,055 shares, compared to its average volume of 108,179. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a one year low of $20.27 and a one year high of $25.86. The stock’s 50-day simple moving average is $24.57 and its two-hundred day simple moving average is $24.13.

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.