Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Declares $0.27 Quarterly Dividend

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMXGet Free Report) announced a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.2725 per share by the financial services provider on Tuesday, April 1st. This represents a $1.09 annualized dividend and a dividend yield of 8.24%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen S&P 500 Buy-Write Income Fund has increased its dividend payment by an average of 4.5% annually over the last three years.

Nuveen S&P 500 Buy-Write Income Fund Price Performance

NYSE BXMX traded up $0.09 during trading on Wednesday, reaching $13.22. The company’s stock had a trading volume of 27,400 shares, compared to its average volume of 182,095. Nuveen S&P 500 Buy-Write Income Fund has a 1-year low of $12.45 and a 1-year high of $14.34. The business has a 50-day moving average price of $13.95 and a 200-day moving average price of $13.82.

Insider Activity at Nuveen S&P 500 Buy-Write Income Fund

In related news, VP David J. Lamb sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $14.20, for a total value of $42,600.00. Following the completion of the sale, the vice president now directly owns 806 shares in the company, valued at approximately $11,445.20. The trade was a 78.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Nuveen S&P 500 Buy-Write Income Fund Company Profile

(Get Free Report)

Nuveen S&P 500 Buy-Write Income Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc It is co-managed by Nuveen Fund Advisors LLC and Gateway Investment Advisers, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

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Dividend History for Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX)

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