Nuveen Preferred Securities Income Fund (NYSE:JPS) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be given a dividend of 0.062 per share by the real estate investment trust on Wednesday, November 1st. This represents a $0.74 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date of this dividend is Thursday, October 12th.

Nuveen Preferred Securities Income Fund has raised its dividend by an average of 3.0% annually over the last three years.

Shares of Nuveen Preferred Securities Income Fund (NYSE JPS) traded up 0.38% during midday trading on Tuesday, reaching $10.45. 395,005 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $10.24 and its 200 day moving average price is $10.06. Nuveen Preferred Securities Income Fund has a 1-year low of $8.21 and a 1-year high of $10.46.

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Nuveen Preferred Securities Income Fund Company Profile

Nuveen Preferred Securities Income Fund, formerly Nuveen Quality Preferred Income Fund 2, (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income consistent with capital preservation. The Fund’s secondary objective is to enhance portfolio value.

Dividend History for Nuveen Preferred Securities Income Fund (NYSE:JPS)

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