Nuveen Mortgage Opportunity Term Fund 2 (JMT) To Go Ex-Dividend on November 14th
Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.1125 per share by the investment management company on Friday, December 1st. This represents a $1.35 annualized dividend and a dividend yield of 5.46%. The ex-dividend date of this dividend is Tuesday, November 14th.
Nuveen Mortgage Opportunity Term Fund 2 has decreased its dividend by an average of 23.4% per year over the last three years.
Shares of Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) traded down $0.04 on Monday, hitting $24.72. 2,400 shares of the stock traded hands, compared to its average volume of 9,326. Nuveen Mortgage Opportunity Term Fund 2 has a 1-year low of $22.05 and a 1-year high of $25.00.
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Nuveen Mortgage Opportunity Term Fund 2 Company Profile
Nuveen Mortgage Opportunity Term Fund 2 (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed security (MBS). It seeks to achieve its investment objective by investing primarily in non-agency residential MBS and commercial MBS.
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