Nuveen Municipal High Inc's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Nuveen Municipal High Inc (NYSE:NMZ) has announced a monthly dividend of 4.25 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 4.25 cents lower to reflect the payout. Shareholders owning NMZ as of the end of Wednesday's session are eligible for the dividend, which will be paid out on November 01, 2023.
October 09, 2023 | 2:45 pm
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Nuveen Municipal High Inc's stock price is expected to open lower on the ex-dividend date due to the dividend payout. The dividend will be paid out on November 01, 2023.
The stock price of NMZ is expected to decrease on the ex-dividend date as the stock will trade lower to reflect the dividend payout. This is a common occurrence in the stock market when a company announces a dividend. Investors who own the stock prior to the ex-dividend date are eligible for the dividend.
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