Nuveen Core Equity Alpha Fund (JCE) to Issue Quarterly Dividend of $0.36 on July 1st

Nuveen Core Equity Alpha Fund (NYSE:JCE) announced a quarterly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of 0.364 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date 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%

Nuveen Core Equity Alpha Fund stock opened at $16.67 on Wednesday. Nuveen Core Equity Alpha Fund has a one year low of $13.99 and a one year high of $16.71. The stock has a fifty day moving average of $15.74 and a 200 day moving average of $15.78.

Nuveen Core Equity Alpha Fund Company Profile

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.