Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) Plans $0.34 Quarterly Dividend

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) declared a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.3375 per share by the investment management company on Tuesday, April 1st. This represents a $1.35 annualized dividend and a dividend yield of 7.56%. The ex-dividend date is Friday, March 14th.

Nuveen S&P 500 Dynamic Overwrite Fund has increased its dividend payment by an average of 7.6% per year over the last three years.

Nuveen S&P 500 Dynamic Overwrite Fund Price Performance

Shares of NYSE SPXX traded down $0.26 during midday trading on Tuesday, hitting $17.85. 83,528 shares of the stock traded hands, compared to its average volume of 58,971. The firm has a 50-day moving average of $17.91 and a two-hundred day moving average of $17.27. Nuveen S&P 500 Dynamic Overwrite Fund has a one year low of $14.91 and a one year high of $18.52.

Nuveen S&P 500 Dynamic Overwrite Fund Company Profile

Nuveen S&P 500 Dynamic Overwrite Fund is a closed-ended equity indexed 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 public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.