Nuveen Preferred & Income Oprtnts Fnd Declares Monthly Dividend of $0.07 (JPC)
Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be paid a dividend of 0.065 per share by the financial services provider on Thursday, February 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.64%. The ex-dividend date is Thursday, January 11th.
Nuveen Preferred & Income Oprtnts Fnd has increased its dividend payment by an average of 1.8% annually over the last three years.
Shares of Nuveen Preferred & Income Oprtnts Fnd (JPC) traded up $0.03 during mid-day trading on Wednesday, hitting $10.21. 1,183,189 shares of the company traded hands, compared to its average volume of 1,066,900. Nuveen Preferred & Income Oprtnts Fnd has a 1-year low of $9.57 and a 1-year high of $10.75.
About Nuveen Preferred & Income Oprtnts Fnd
Nuveen Preferred & Income Opportunities Fund, formerly Nuveen Preferred Income Opportunities Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income; and its secondary objective is total return. The Fund invests at least 80% of its managed assets in preferred securities and up to 20% opportunistically over the market cycle in other types of securities, primarily income-oriented securities, such as corporate and taxable municipal debt, and common equity.
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