Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) Declares Quarterly Dividend of $0.56

Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ:QQQX) declared a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.56 per share on Tuesday, April 1st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 8.78%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Nasdaq 100 Dynamic Overwrite Fund Price Performance

Shares of NASDAQ QQQX traded up $0.40 during trading hours on Wednesday, hitting $25.52. 622,785 shares of the stock were exchanged, compared to its average volume of 149,595. Nuveen Nasdaq 100 Dynamic Overwrite Fund has a one year low of $22.37 and a one year high of $27.95. The company’s 50 day moving average is $26.97 and its 200 day moving average is $26.01.

About Nuveen Nasdaq 100 Dynamic Overwrite Fund

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.