Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.1125 per share by the investment management company on Friday, December 29th. This represents a $1.35 annualized dividend and a yield of 5.40%. The ex-dividend date is Thursday, December 14th.
Nuveen Mortgage Opportunity Term Fund 2 has decreased its dividend by an average of 23.4% per year over the last three years.
Nuveen Mortgage Opportunity Term Fund 2 (JMT) traded up $0.15 on Friday, reaching $24.98. The company’s stock had a trading volume of 3,109 shares, compared to its average volume of 6,747. Nuveen Mortgage Opportunity Term Fund 2 has a 12-month low of $22.74 and a 12-month high of $25.00.
ILLEGAL ACTIVITY NOTICE: “Nuveen Mortgage Opportunity Term Fund 2 (JMT) to Issue Monthly Dividend of $0.11 on December 29th” was originally reported by Week Herald and is owned by of Week Herald. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://weekherald.com/2017/12/09/nuveen-mortgage-opportunity-term-fund-2-jmt-to-issue-monthly-dividend-of-0-11-on-december-29th.html.
Nuveen Mortgage Opportunity Term Fund 2 (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed security (MBS). It seeks to achieve its investment objective by investing primarily in non-agency residential MBS and commercial MBS.
Receive News & Ratings for Nuveen Mortgage Opportunity Term Fund 2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Mortgage Opportunity Term Fund 2 and related companies with MarketBeat.com's FREE daily email newsletter.