Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Declares $0.11 Monthly Dividend
Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Wednesday, October 2nd, Zacks reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.106 per share on Friday, November 1st. This represents a $1.27 dividend on an annualized basis and a yield of 7.32%. The ex-dividend date is Friday, October 11th.
Nuveen Real Asset Income and Growth Fund has decreased its dividend payment by an average of 4.3% annually over the last three years.
Shares of JRI traded down $0.07 during midday trading on Thursday, reaching $17.37. The stock had a trading volume of 915 shares, compared to its average volume of 80,715. Nuveen Real Asset Income and Growth Fund has a 1-year low of $13.10 and a 1-year high of $17.51. The company’s fifty day simple moving average is $17.06 and its two-hundred day simple moving average is $16.55.
Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.
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