Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX) Plans Quarterly Dividend of $0.74

Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX) announced a quarterly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.738 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen NASDAQ 100 Dynamic Overwrite Fund Stock Performance

Shares of Nuveen NASDAQ 100 Dynamic Overwrite Fund stock traded up $0.16 on Wednesday, hitting $30.77. The company had a trading volume of 13,150 shares, compared to its average volume of 116,561. Nuveen NASDAQ 100 Dynamic Overwrite Fund has a 1 year low of $25.35 and a 1 year high of $31.87. The stock has a 50 day moving average of $30.13 and a 200-day moving average of $29.40.

Nuveen NASDAQ 100 Dynamic Overwrite Fund Company Profile

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.