Nuveen S&P 500 Buy-Write Income Fund Declares Quarterly Dividend of $0.27 (NYSE:BXMX)

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) declared a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.2725 per share by the financial services provider on Tuesday, April 1st. This represents a $1.09 annualized dividend and a dividend yield of 8.04%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen S&P 500 Buy-Write Income Fund has increased its dividend payment by an average of 4.5% per year over the last three years.

Nuveen S&P 500 Buy-Write Income Fund Stock Down 0.8 %

Shares of BXMX stock opened at $13.57 on Wednesday. Nuveen S&P 500 Buy-Write Income Fund has a 52 week low of $12.45 and a 52 week high of $14.34. The company has a 50-day simple moving average of $14.01 and a 200 day simple moving average of $13.82.

Insider Activity

In other Nuveen S&P 500 Buy-Write Income Fund news, VP David J. Lamb sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $14.20, for a total value of $42,600.00. Following the completion of the transaction, the vice president now directly owns 806 shares in the company, valued at $11,445.20. This represents a 78.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Nuveen S&P 500 Buy-Write Income Fund Company Profile

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.