Nuveen NASDAQ 100 Dynamic Overwrite Fund Announces Quarterly Dividend of $0.74 (NASDAQ:QQQX)

Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ:QQQX) announced a quarterly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.738 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen NASDAQ 100 Dynamic Overwrite Fund Stock Up 0.5%

NASDAQ QQQX traded up $0.14 during mid-day trading on Wednesday, hitting $30.75. The stock had a trading volume of 11,529 shares, compared to its average volume of 116,544. The firm’s 50 day moving average is $30.13 and its 200 day moving average is $29.40. Nuveen NASDAQ 100 Dynamic Overwrite Fund has a twelve month low of $25.35 and a twelve month high of $31.87.

About Nuveen NASDAQ 100 Dynamic Overwrite Fund

The Nuveen NASDAQ 100 Dynamic Overwrite Fund (NASDAQ: QQQX) is a closed-end management investment company that seeks to provide investors with a high level of current income while maintaining prospects for capital appreciation. The fund primarily invests in the equity securities included in the NASDAQ-100 Index, giving investors exposure to leading U.S. companies in the technology, consumer services, healthcare and industrial sectors. As a publicly traded fund, QQQX offers daily liquidity through its listing on the Nasdaq Stock Market.

In pursuit of its income objective, QQQX employs a dynamic covered call strategy, writing call options on its NASDAQ-100 holdings to generate option premium.