Nuveen Core Equity Alpha Fund (JCE) To Go Ex-Dividend on June 15th

Nuveen Core Equity Alpha Fund (NYSE:JCE) announced a quarterly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.364 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Monday, June 15th. This is a 7.1% increase from Nuveen Core Equity Alpha Fund’s previous quarterly dividend of $0.34.

Nuveen Core Equity Alpha Fund Trading Up 0.3%

NYSE:JCE opened at $16.32 on Friday. Nuveen Core Equity Alpha Fund has a 12 month low of $13.99 and a 12 month high of $16.71. The firm has a fifty day simple moving average of $16.05 and a 200-day simple moving average of $15.82.

About Nuveen Core Equity Alpha Fund

Nuveen Core Equity Alpha Fund (NYSE: JCE) is a diversified, closed-end management investment company sponsored by Nuveen, a TIAA company. The fund’s primary objective is to seek total return through a combination of income and capital appreciation. Nuveen Core Equity Alpha Fund manages its portfolio primarily in U.S. equity securities, focusing on established, large-capitalization companies across multiple sectors.

Under the direction of Nuveen’s equity specialists, the fund employs a bottom-up research process to identify companies with attractive valuation, quality earnings prospects and sustainable cash flow.