Nuveen Mortgage and Income Fund (NYSE:JLS – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.1535 per share on Monday, November 2nd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date is Thursday, October 15th.
Nuveen Mortgage and Income Fund Stock Down 0.3%
Nuveen Mortgage and Income Fund stock opened at $16.32 on Friday. Nuveen Mortgage and Income Fund has a 12 month low of $16.01 and a 12 month high of $19.03. The stock’s 50 day moving average is $16.86 and its 200-day moving average is $17.58.
About Nuveen Mortgage and Income Fund
Nuveen Mortgage and Income Fund (NYSE: JLS) is a closed-end management investment company sponsored by Nuveen, an investment management firm and subsidiary of TIAA. The fund seeks to provide investors with current income and, to a lesser extent, capital appreciation through a portfolio of mortgage-related investments.
JLS invests primarily in residential and commercial mortgage-backed securities and other debt instruments linked to the U.S. housing and commercial real estate markets. Its portfolio may include securities issued or guaranteed by government-sponsored entities, privately issued mortgage-backed securities, and other mortgage-related instruments.
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