Nuveen S&P 500 Buy-Write Income Fund (BXMX) To Go Ex-Dividend on March 14th

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) announced a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders 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 8.04%. The ex-dividend date of this dividend is Friday, March 14th.

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

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

BXMX opened at $13.57 on Wednesday. Nuveen S&P 500 Buy-Write Income Fund has a fifty-two week low of $12.45 and a fifty-two week high of $14.34. The firm has a 50 day simple moving average of $14.01 and a 200 day simple moving average of $13.82.

Insider Buying and Selling

In other Nuveen S&P 500 Buy-Write Income Fund news, VP David J. Lamb sold 3,000 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $14.20, for a total transaction of $42,600.00. Following the transaction, the vice president now directly owns 806 shares in the company, valued at $11,445.20. This represents a 78.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

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.