wednesday marks the last chance for investors to receive the next dividend payout from nuveen dynamic municipal ndmo the company announced on tuesday that it would pay shareholders a monthly dividend of 765 cents per share on thursday nuveen dynamic municipal will go exdividend meaning the stock will trade lower to reflect that payout in other words the stock will likely open 765 cents lower than it would have opened on any other day in order to be eligible to receive a companys dividend shareholders must own the stock prior to the exdividend date—in this case thursday shareholders who own ndmo as of the end of wednesdays session are eligible to receive the 765 cents dividend payout for every share that they own according to the company this dividend will be paid out to shareholders on february 01 2023 investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way to keep track of which companies are distributing dividends click here to visit our dividends calendar