The Nuveen Mortgage Opportunity Term Fund 2 (JMT) Announces Monthly Dividend of $0.11

The Nuveen Mortgage Opportunity Term Fund 2 (JMT) Announces Monthly Dividend of $0.11

Nuveen Mortgage Opportunity Term Fund 2 has decreased its dividend by an average of 23.4% annually over the last three years.

Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) announced a monthly dividend on Tuesday, May 2nd. Stockholders of record on Monday, May 15th will be paid a dividend of 0.1125 per share by the investment management company on Thursday, June 1st. This represents a $1.35 annualized dividend and a dividend yield of 5.55%. The ex-dividend date is Thursday, May 11th.

Shares of Nuveen Mortgage Opportunity Term Fund 2 (JMT) opened at 24.34 on Monday. Nuveen Mortgage Opportunity Term Fund 2 has a one year low of $21.74 and a one year high of $24.35. The stock has a 50 day moving average of $24.03 and a 200 day moving average of $23.46.

Nuveen Mortgage Opportunity Term Fund 2 Company Profile 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “JMT”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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