share_log

Nuveen Core Equity Alpha Fund (NYSE:JCE) to Issue Quarterly Dividend of $0.40

kopsource ·  Dec 4, 2022 01:13

Nuveen Core Equity Alpha Fund (NYSE:JCE – Get Rating) declared a quarterly dividend on Thursday, December 1st, Zacks reports. Stockholders of record on Thursday, December 15th will be given a dividend of 0.395 per share on Friday, December 30th. This represents a $1.58 annualized dividend and a dividend yield of 11.65%. The ex-dividend date of this dividend is Wednesday, December 14th.

Nuveen Core Equity Alpha Fund has increased its dividend by an average of 3.1% per year over the last three years and has increased its dividend annually for the last 2 consecutive years.

Get Nuveen Core Equity Alpha Fund alerts:

Nuveen Core Equity Alpha Fund Stock Down 1.1 %

Shares of JCE stock traded down $0.15 on Friday, hitting $13.56. 47,637 shares of the stock were exchanged, compared to its average volume of 63,107. The business has a 50-day moving average of $13.47 and a 200 day moving average of $13.99. Nuveen Core Equity Alpha Fund has a fifty-two week low of $11.78 and a fifty-two week high of $18.60.

Institutional Trading of Nuveen Core Equity Alpha Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. raised its holdings in Nuveen Core Equity Alpha Fund by 4.9% during the first quarter. Invesco Ltd. now owns 197,418 shares of the company's stock worth $3,463,000 after acquiring an additional 9,211 shares in the last quarter. LPL Financial LLC raised its holdings in Nuveen Core Equity Alpha Fund by 0.7% during the second quarter. LPL Financial LLC now owns 108,087 shares of the company's stock worth $1,443,000 after acquiring an additional 747 shares in the last quarter. UBS Group AG raised its holdings in Nuveen Core Equity Alpha Fund by 5.2% during the first quarter. UBS Group AG now owns 77,458 shares of the company's stock worth $1,359,000 after acquiring an additional 3,815 shares in the last quarter. Royal Bank of Canada raised its holdings in Nuveen Core Equity Alpha Fund by 41.5% during the third quarter. Royal Bank of Canada now owns 68,397 shares of the company's stock worth $829,000 after acquiring an additional 20,063 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in Nuveen Core Equity Alpha Fund by 20.0% in the first quarter. Bank of America Corp DE now owns 36,083 shares of the company's stock valued at $632,000 after buying an additional 6,013 shares during the period.

Nuveen Core Equity Alpha Fund Company Profile

(Get Rating)

Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options.

Read More

  • Get a free copy of the StockNews.com research report on Nuveen Core Equity Alpha Fund (JCE)
  • Why CSL Ltd Stock Could Be Worth a Look
  • MarketBeat: Week in Review 11/28 – 12/02
  • Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
  • Institutions Are Buying Ambarella, Should You?
  • Can ZIM Defy Broad Downturn In The Container Shipping Industry?

Receive News & Ratings for Nuveen Core Equity Alpha Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Core Equity Alpha Fund and related companies with MarketBeat.com's FREE daily email newsletter.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment