Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.0605 per share by the financial services provider on Tuesday, December 31st. This represents a $0.73 annualized dividend and a dividend yield of 7.55%. The ex-dividend date is Thursday, December 12th. This is a boost from Nuveen Floating Rate Income Opportnty Fd’s previous monthly dividend of $0.06.

Shares of JRO opened at $9.62 on Tuesday. The company’s fifty day moving average is $9.51 and its two-hundred day moving average is $9.58. Nuveen Floating Rate Income Opportnty Fd has a 1 year low of $8.69 and a 1 year high of $10.32.

Nuveen Floating Rate Income Opportnty Fd Company Profile

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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Dividend History for Nuveen Floating Rate Income Opportnty Fd (NYSE:JRO)

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