Nuveen S&P 500 Dynamic Overwrite Fund (NASDAQ:SPXX) announced a quarterly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Friday, September 15th will be paid a dividend of 0.2525 per share on Monday, October 2nd. This represents a $1.01 dividend on an annualized basis and a yield of 6.56%. The ex-dividend date is Thursday, September 14th. This is an increase from Nuveen S&P 500 Dynamic Overwrite Fund’s previous quarterly dividend of $0.24.

Shares of Nuveen S&P 500 Dynamic Overwrite Fund (NASDAQ:SPXX) traded down 0.32% during midday trading on Friday, reaching $15.39. 23,253 shares of the company were exchanged. Nuveen S&P 500 Dynamic Overwrite Fund has a 52-week low of $13.07 and a 52-week high of $16.47. The stock has a 50-day moving average price of $15.37 and a 200 day moving average price of $15.34.

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Nuveen S&P 500 Dynamic Overwrite Fund Company Profile

Nuveen S&P 500 Dynamic Overwrite Fund (the Fund) is a closed-end fund. The Fund’s investment objective is to seek attractive total return with less volatility than the S&P 500 Index. It pursues its investment strategy by emphasizing index call options on the S&P 500 Index, as well as a range of options, including index options on other broad-based indexes and options on custom baskets of stocks in addition to exchange-traded funds (ETFs).

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