Nuveen Municipal Credit Opportunities Fund

NYSE:NMCO Stock Report

Market Cap: US$555.7m

Nuveen Municipal Credit Opportunities Fund Dividend

Dividend criteria checks 3/6

Nuveen Municipal Credit Opportunities Fund is a dividend paying company with a current yield of 5.66%.

Key information

5.7%

Dividend yield

-132%

Payout ratio

Industry average yield2.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-US$0.47
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

NMCO And NMZ: Two Previous Buy Ratings Dismantled By The FOMC

Oct 04

Nuveen Municipal Credit Opportunities Fund declares $0.0525 dividend

Feb 07

Nuveen Municipal Credit Opportunities Fund dividend declines by 8.7% to $0.0525

Jan 11

Nuveen Municipal Credit Opportunities Fund declares $0.0575 dividend

Dec 06

Nuveen Municipal Credit Opportunities Fund declares $0.0575 dividend

Oct 06

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Sep 02

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Aug 08

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Jul 06

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

May 10

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Jan 05

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Dec 02

Nuveen Municipal Credit Opportunities Fund declares $0.062 dividend

Nov 03

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NMCO has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NMCO has only been paying a dividend for 5 years, and since then payments have fallen.


Dividend Yield vs Market

Nuveen Municipal Credit Opportunities Fund Dividend Yield vs Market
How does NMCO dividend yield compare to the market?
SegmentDividend Yield
Company (NMCO)5.7%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Capital Markets)2.4%
Analyst forecast in 3 Years (NMCO)n/a

Notable Dividend: NMCO's dividend (5.66%) is higher than the bottom 25% of dividend payers in the US market (1.56%).

High Dividend: NMCO's dividend (5.66%) is in the top 25% of dividend payers in the US market (4.82%)


Earnings Payout to Shareholders

Earnings Coverage: NMCO is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49.7%), NMCO's dividend payments are well covered by cash flows.

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