Nuveen Core Equity Alpha Fund (JCE) to Issue Quarterly Dividend of $0.34 on April 1st

Nuveen Core Equity Alpha Fund (NYSE:JCE) announced a quarterly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be paid a dividend of 0.34 per share on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Friday, March 13th. This is a 6.3% increase from Nuveen Core Equity Alpha Fund’s previous quarterly dividend of $0.32.

Nuveen Core Equity Alpha Fund Trading Down 0.9%

Shares of Nuveen Core Equity Alpha Fund stock opened at $15.47 on Wednesday. Nuveen Core Equity Alpha Fund has a 1 year low of $12.51 and a 1 year high of $16.31. The company has a 50 day simple moving average of $15.89 and a two-hundred day simple moving average of $15.79.

Nuveen Core Equity Alpha Fund Company Profile

Nuveen Core Equity Alpha Fund (NYSE: JCE) is a diversified, closed-end management investment company sponsored by Nuveen, a TIAA company. The fund’s primary objective is to seek total return through a combination of income and capital appreciation. Nuveen Core Equity Alpha Fund manages its portfolio primarily in U.S. equity securities, focusing on established, large-capitalization companies across multiple sectors.

Under the direction of Nuveen’s equity specialists, the fund employs a bottom-up research process to identify companies with attractive valuation, quality earnings prospects and sustainable cash flow.