Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.063 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.76 annualized dividend and a dividend yield of 7.92%. The ex-dividend date is Wednesday, August 14th.
Nuveen Floating Rate Income Opportnty Fd has increased its dividend by an average of 2.3% annually over the last three years.
Shares of JRO opened at $9.55 on Tuesday. The company has a 50 day simple moving average of $9.68. Nuveen Floating Rate Income Opportnty Fd has a 52-week low of $8.69 and a 52-week high of $10.40.
Nuveen Floating Rate Income Opportunity Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Symphony Asset Management LLC. It invests in fixed income markets of the United States. The fund invests in adjustable rate loans, primarily in senior loans.
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