Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) Raises Dividend to $0.24 Per Share

Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX) declared a quarterly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.2365 per share by the financial services provider on Tuesday, October 1st. This represents a $0.95 annualized dividend and a yield of 7.01%. The ex-dividend date is Friday, September 13th. This is a positive change from Nuveen S&P 500 Buy-Write Income Fund’s previous quarterly dividend of $0.24.

Nuveen S&P 500 Buy-Write Income Fund has increased its dividend by an average of 2.5% annually over the last three years.

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

BXMX stock traded up $0.05 during midday trading on Thursday, hitting $13.49. The company’s stock had a trading volume of 15,874 shares, compared to its average volume of 184,713. Nuveen S&P 500 Buy-Write Income Fund has a 52-week low of $11.74 and a 52-week high of $13.74. The firm has a 50-day simple moving average of $13.32 and a 200-day simple moving average of $13.19.

About Nuveen S&P 500 Buy-Write Income Fund

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.