Nuveen S&P 500 BuyWrite Income Fund (BXMX) has declared a dividend of $0.27 per share, payable to shareholders of record. This quarterly dividend reflects the company's commitment to providing regular income to its investors, with a current yield of 7.82%.
The ex-dividend date is set for September 14, 2025, meaning investors must own shares before this date to qualify for the dividend. Shares purchased on or after this date will not be eligible for the payment. The dividend will be distributed to eligible shareholders on the payment date, September 30, 2025.
This update provides insight into the Fund's cash flow generation and capital allocation strategy. Regular dividend payments can be appealing to income-focused investors, although it is important to note that dividends are not guaranteed and may be adjusted based on the company's performance and management decisions.
Nuveen S&P 500 BuyWrite Income Fund operates as a closed-end management investment company, aiming for attractive total returns with less volatility than the S&P 500 Index. The Fund typically invests at least 80% of its assets in a diversified equity portfolio that mirrors the S&P 500 Index, supporting its option strategy. As of November 8, 2025, the Fund has a market cap of $1.5 billion and is scheduled to report earnings on March 2, 2026.