Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX - Get Free Report) declared a quarterly dividend on Monday, June 2nd, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.56 per share on Tuesday, July 1st. This represents a $2.24 annualized dividend and a dividend yield of 8.62%. The ex-dividend date of this dividend is Friday, June 13th.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Trading Up 3.4%
NASDAQ QQQX traded up $0.85 on Friday, hitting $25.98. The company's stock had a trading volume of 827,129 shares, compared to its average volume of 128,323. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a 52-week low of $20.34 and a 52-week high of $27.95. The company's 50-day simple moving average is $23.89 and its 200 day simple moving average is $25.48.
Institutional Trading of Nuveen Nasdaq 100 Dynamic Overwrite Fund
A hedge fund recently raised its stake in Nuveen Nasdaq 100 Dynamic Overwrite Fund stock. Goldman Sachs Group Inc. grew its stake in shares of Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX - Free Report) by 11.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,006 shares of the company's stock after purchasing an additional 1,200 shares during the period. Goldman Sachs Group Inc.'s holdings in Nuveen Nasdaq 100 Dynamic Overwrite Fund were worth $285,000 as of its most recent SEC filing. Institutional investors and hedge funds own 23.62% of the company's stock.
Nuveen Nasdaq 100 Dynamic Overwrite Fund Company Profile
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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.
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