Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) Plans $0.07 Monthly Dividend

Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) declared a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.065 per share on Tuesday, September 3rd. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.18%. The ex-dividend date is Thursday, August 15th.

Nuveen Municipal High Income Opportunity Fund Stock Up 0.8 %

Shares of NMZ traded up $0.09 during mid-day trading on Friday, reaching $10.86. The company had a trading volume of 933,161 shares, compared to its average volume of 333,026. The firm has a fifty day simple moving average of $10.68 and a 200-day simple moving average of $10.44. Nuveen Municipal High Income Opportunity Fund has a fifty-two week low of $8.26 and a fifty-two week high of $10.94.

About Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal High Income Opportunity Fund is a closed-end fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade tax-exempt municipal securities.