Nuveen Intermediate Duration Municipal Term Fund Declares Monthly Dividend of $0.05 (NYSE:NID)

Nuveen Intermediate Duration Municipal Term Fund (NYSE:NIDGet Rating) announced a monthly dividend on Friday, April 1st, Zacks reports. Shareholders of record on Thursday, April 14th will be paid a dividend of 0.047 per share by the investment management company on Monday, May 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend is Wednesday, April 13th.

Shares of Nuveen Intermediate Duration Municipal Term Fund stock opened at $13.56 on Monday. Nuveen Intermediate Duration Municipal Term Fund has a 1-year low of $13.39 and a 1-year high of $15.10. The business has a fifty day moving average price of $13.99.

An institutional investor recently raised its position in Nuveen Intermediate Duration Municipal Term Fund stock. Integrated Wealth Concepts LLC raised its stake in shares of Nuveen Intermediate Duration Municipal Term Fund (NYSE:NIDGet Rating) by 57.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 73,087 shares of the investment management company’s stock after purchasing an additional 26,601 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Nuveen Intermediate Duration Municipal Term Fund were worth $1,090,000 as of its most recent filing with the SEC.

Nuveen Intermediate Duration Municipal Term Fund Company Profile (Get Rating)

Nuveen Intermediate Duration Municipal Term Fund is a closed-end management investment fund. Its objective is to provide a high level of current income exempt from regular federal income tax. The company was founded on December 05, 2012 and is headquartered in Chicago, IL.

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Dividend History for Nuveen Intermediate Duration Municipal Term Fund (NYSE:NID)

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