Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) Declares Monthly Dividend of $0.05

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.047 per share on Monday, June 3rd. This represents a $0.56 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend is Tuesday, May 14th.

Nuveen Municipal High Income Opportunity Fund has decreased its dividend by an average of 9.9% per year over the last three years.

Nuveen Municipal High Income Opportunity Fund Trading Up 0.6 %

NMZ stock traded up $0.06 on Friday, hitting $10.43. The company had a trading volume of 241,266 shares, compared to its average volume of 303,488. Nuveen Municipal High Income Opportunity Fund has a 12-month low of $8.26 and a 12-month high of $10.87. The stock’s 50-day simple moving average is $10.42 and its 200 day simple moving average is $9.90.

Nuveen Municipal High Income Opportunity Fund Company Profile

Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.