Nuveen Nasdaq 100 Dynamic Overwrite Fund Announces Quarterly Dividend of $0.42 (NASDAQ:QQQX)

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) announced a quarterly dividend on Tuesday, September 3rd, Zacks reports. Investors of record on Friday, September 13th will be given a dividend of 0.42 per share on Tuesday, October 1st. This represents a $1.68 annualized dividend and a yield of 6.96%. The ex-dividend date of this dividend is Friday, September 13th.

Nuveen Nasdaq 100 Dynamic Overwrite Fund has increased its dividend payment by an average of 2.5% annually over the last three years.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Price Performance

NASDAQ:QQQX remained flat at $24.15 on Thursday. 23,009 shares of the company’s stock were exchanged, compared to its average volume of 108,415. The business has a 50-day simple moving average of $24.66 and a two-hundred day simple moving average of $24.11. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a one year low of $20.27 and a one year high of $25.86.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Company Profile

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.