Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) to Issue Dividend Increase – $0.07 Per Share

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0655 per share on Monday, December 2nd. This represents a $0.79 annualized dividend and a dividend yield of 6.95%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Nuveen Municipal High Income Opportunity Fund’s previous monthly dividend of $0.07.

Nuveen Municipal High Income Opportunity Fund Price Performance

NYSE NMZ traded up $0.01 during trading hours on Thursday, reaching $11.32. 269,010 shares of the company’s stock were exchanged, compared to its average volume of 339,282. The company’s 50-day moving average is $11.45 and its two-hundred day moving average is $11.00. Nuveen Municipal High Income Opportunity Fund has a one year low of $9.37 and a one year high of $11.90.

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.