Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) to Issue Quarterly Dividend of $0.56

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) declared a quarterly dividend on Wednesday, March 5th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.56 per share on Tuesday, April 1st. This represents a $2.24 annualized dividend and a yield of 8.78%. The ex-dividend date is Friday, March 14th.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Stock Up 1.6 %

NASDAQ QQQX traded up $0.40 on Wednesday, reaching $25.52. The stock had a trading volume of 622,784 shares, compared to its average volume of 149,595. The stock has a fifty day moving average price of $26.97 and a two-hundred day moving average price of $26.01. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a 12-month low of $22.37 and a 12-month high of $27.95.

About Nuveen Nasdaq 100 Dynamic Overwrite Fund

Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-ended equity indexed mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors 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.