Nuveen Intermediate Duration Munpl Tm Fd (NID) To Go Ex-Dividend on September 14th
Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) declared a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Friday, September 15th will be given a dividend of 0.053 per share by the investment management company on Monday, October 2nd. This represents a $0.64 annualized dividend and a yield of 4.67%. The ex-dividend date is Thursday, September 14th.
Nuveen Intermediate Duration Munpl Tm Fd has raised its dividend payment by an average of 4.1% per year over the last three years.
Shares of Nuveen Intermediate Duration Munpl Tm Fd (NID) traded up 0.15% on Friday, reaching $13.62. 30,359 shares of the company’s stock traded hands. The firm’s 50 day moving average is $13.50 and its 200 day moving average is $13.22. Nuveen Intermediate Duration Munpl Tm Fd has a 52 week low of $12.19 and a 52 week high of $14.21.
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Nuveen Intermediate Duration Munpl Tm Fd Company Profile
Nuveen Intermediate Duration Municipal Term Fund is a diversified, closed-end management investment company. The Fund seeks to provide a high level of current income exempt from regular federal income tax with a secondary objective of seeking additional total return. The Fund also maintains a portfolio with an intermediate duration of between 3 and 10 years (including the effects of leverage).
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