Wednesday Is Your Last Chance To Buy Nuveen AMT-Free Municipal Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Nuveen AMT-Free Municipal (NYSE:NUW) has announced a monthly dividend of 4.25 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on November 01, 2023.
October 09, 2023 | 2:45 pm
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Nuveen AMT-Free Municipal (NUW) is set to go ex-dividend on Thursday. The company has announced a dividend of 4.25 cents per share, which will be paid out on November 01, 2023.
The announcement of the dividend and the ex-dividend date is directly related to NUW. The stock is expected to trade lower on the ex-dividend date, reflecting the payout. This could potentially lead to a short-term decrease in the stock price.
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