Nuveen Real Asset Income and Growth Fund (JRI) to Issue Monthly Dividend of $0.13 on April 1st

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Tuesday, January 27th. Shareholders of record on Monday, March 2nd will be paid a dividend of 0.1335 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date is Monday, March 2nd.

Nuveen Real Asset Income and Growth Fund Price Performance

Nuveen Real Asset Income and Growth Fund stock traded up $0.11 on Friday, reaching $13.28. The company’s stock had a trading volume of 298,222 shares, compared to its average volume of 250,836. The business’s fifty day moving average price is $13.38 and its 200 day moving average price is $13.62. Nuveen Real Asset Income and Growth Fund has a twelve month low of $10.59 and a twelve month high of $14.37.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.

The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.