Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 15th will be paid a dividend of 0.1125 per share by the investment management company on Friday, December 29th. This represents a $1.35 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date is Thursday, December 14th.
Nuveen Mortgage Opportunity Term Fund 2 has decreased its dividend by an average of 23.4% per year over the last three years.
Shares of Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) traded down $0.01 on Monday, hitting $24.76. The stock had a trading volume of 5,867 shares, compared to its average volume of 9,119. Nuveen Mortgage Opportunity Term Fund 2 has a 52 week low of $22.74 and a 52 week high of $25.00.
ILLEGAL ACTIVITY WARNING: This news story was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another domain, it was copied illegally and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.dispatchtribunal.com/2017/12/04/nuveen-mortgage-opportunity-term-fund-2-jmt-plans-monthly-dividend-of-0-11.html.
About Nuveen Mortgage Opportunity Term Fund 2
Nuveen Mortgage Opportunity Term Fund 2 (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed security (MBS). It seeks to achieve its investment objective by investing primarily in non-agency residential MBS and commercial MBS.
Receive News & Ratings for Nuveen Mortgage Opportunity Term Fund 2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Mortgage Opportunity Term Fund 2 and related companies with MarketBeat.com's FREE daily email newsletter.