Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) Declares $0.07 Monthly Dividend

Nuveen Municipal Credit Opportunities Fund (NYSE:NMCO) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0685 per share on Monday, February 3rd. This represents a $0.82 annualized dividend and a dividend yield of 7.64%. The ex-dividend date is Wednesday, January 15th.

Nuveen Municipal Credit Opportunities Fund has decreased its dividend payment by an average of 6.3% annually over the last three years.

Nuveen Municipal Credit Opportunities Fund Trading Up 0.6 %

NYSE NMCO traded up $0.06 on Friday, hitting $10.76. The company’s stock had a trading volume of 164,114 shares, compared to its average volume of 144,857. Nuveen Municipal Credit Opportunities Fund has a 52-week low of $10.37 and a 52-week high of $12.20. The company’s 50-day simple moving average is $10.97 and its 200 day simple moving average is $11.23.

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.