Nuveen Core Equity Alpha Fund (NYSE:JCE) announced a quarterly dividend on Wednesday, September 5th, Wall Street Journal reports. Investors of record on Friday, September 14th will be paid a dividend of 0.2775 per share on Monday, October 1st. This represents a $1.11 annualized dividend and a yield of 7.10%. The ex-dividend date is Thursday, September 13th.
Nuveen Core Equity Alpha Fund has increased its dividend by an average of 0.2% per year over the last three years.
NYSE:JCE traded down $0.14 during mid-day trading on Wednesday, hitting $15.63. 32,900 shares of the company’s stock traded hands, compared to its average volume of 45,391. Nuveen Core Equity Alpha Fund has a 12 month low of $13.95 and a 12 month high of $16.49.
About Nuveen Core Equity Alpha Fund
Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options.
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