Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) to Issue Quarterly Dividend of $0.62 on April 1st

Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX) announced a quarterly dividend on Monday, March 2nd, NASDAQ Dividends reports. Shareholders of record on Friday, March 13th will be paid a dividend of 0.615 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.

Nuveen NASDAQ 100 Dynamic Overwrite Fund Stock Up 0.5%

Shares of NASDAQ QQQX opened at $28.08 on Wednesday. Nuveen NASDAQ 100 Dynamic Overwrite Fund has a one year low of $20.34 and a one year high of $28.81. The business’s fifty day moving average price is $28.03 and its 200-day moving average price is $27.79.

About Nuveen NASDAQ 100 Dynamic Overwrite Fund

The Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ: QQQX) is a closed-end management investment company that seeks to provide investors with a high level of current income while maintaining prospects for capital appreciation. The fund primarily invests in the equity securities included in the NASDAQ-100 Index, giving investors exposure to leading U.S. companies in the technology, consumer services, healthcare and industrial sectors. As a publicly traded fund, QQQX offers daily liquidity through its listing on the Nasdaq Stock Market.

In pursuit of its income objective, QQQX employs a dynamic covered call strategy, writing call options on its NASDAQ-100 holdings to generate option premium.