Nuveen Intermediate Duration Munpl Tm Fd (NID) To Go Ex-Dividend on November 14th
Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.053 per share by the investment management company on Friday, December 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend is Tuesday, November 14th.
Nuveen Intermediate Duration Munpl Tm Fd has raised its dividend by an average of 4.1% per year over the last three years.
Shares of Nuveen Intermediate Duration Munpl Tm Fd (NYSE NID) traded down $0.02 during mid-day trading on Monday, hitting $12.99. The stock had a trading volume of 93,200 shares, compared to its average volume of 82,965. Nuveen Intermediate Duration Munpl Tm Fd has a one year low of $12.19 and a one year high of $13.77.
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Nuveen Intermediate Duration Munpl Tm Fd Company Profile
Nuveen Intermediate Duration Municipal Term Fund is a diversified, closed-end management investment company. The Fund seeks to provide a high level of current income exempt from regular federal income tax with a secondary objective of seeking additional total return. The Fund also maintains a portfolio with an intermediate duration of between 3 and 10 years (including the effects of leverage).
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