Nuveen Real Estate Income Fund (JRS) Announces $0.21 Quarterly Dividend
Nuveen Real Estate Income Fund (NYSE:JRS) announced a quarterly dividend on Monday, June 4th, Wall Street Journal reports. Stockholders of record on Friday, June 15th will be paid a dividend of 0.205 per share on Monday, July 2nd. This represents a $0.82 annualized dividend and a dividend yield of 8.24%. The ex-dividend date of this dividend is Thursday, June 14th.
Nuveen Real Estate Income Fund has raised its dividend by an average of 3.6% per year over the last three years.
Shares of JRS stock traded down $0.04 during trading hours on Wednesday, hitting $9.95. 5,100 shares of the company’s stock were exchanged, compared to its average volume of 99,255. Nuveen Real Estate Income Fund has a 52 week low of $9.39 and a 52 week high of $11.55.
Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector.
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