Nuveen Preferred Securities Income Fund (JPS) Announces $0.06 Monthly Dividend
Nuveen Preferred Securities Income Fund (NYSE:JPS) announced a monthly dividend on Tuesday, October 3rd, NASDAQ reports. Stockholders of record on Friday, October 13th will be paid a dividend of 0.062 per share by the real estate investment trust on Thursday, November 2nd. This represents a $0.74 dividend on an annualized basis and a dividend yield of 7.12%. The ex-dividend date of this dividend is Thursday, October 12th.
Nuveen Preferred Securities Income Fund has raised its dividend payment by an average of 3.0% annually over the last three years.
Shares of Nuveen Preferred Securities Income Fund (JPS) traded down 0.19% during mid-day trading on Wednesday, hitting $10.43. 136,727 shares of the stock were exchanged. The stock has a 50-day moving average price of $10.25 and a 200 day moving average price of $10.07. Nuveen Preferred Securities Income Fund has a 52-week low of $8.21 and a 52-week high of $10.46.
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About Nuveen Preferred Securities Income Fund
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.
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