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

Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) announced a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders 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 yield of 7.56%. The ex-dividend date is Friday, March 14th.

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

Nuveen S&P 500 Dynamic Overwrite Fund Trading Down 1.5 %

Shares of NYSE:SPXX traded down $0.26 during trading on Tuesday, reaching $17.85. The company had a trading volume of 83,528 shares, compared to its average volume of 58,971. Nuveen S&P 500 Dynamic Overwrite Fund has a fifty-two week low of $14.91 and a fifty-two week high of $18.52. The stock’s fifty day moving average price is $17.91 and its 200 day moving average price is $17.27.

About Nuveen S&P 500 Dynamic Overwrite Fund

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.