Nuveen Preferred & Income Securities Fnd (NYSE:JPS) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.062 per share by the real estate investment trust on Thursday, March 1st. This represents a $0.74 dividend on an annualized basis and a yield of 7.93%. The ex-dividend date of this dividend is Wednesday, February 14th.
Nuveen Preferred & Income Securities Fnd has increased its dividend by an average of 1.6% annually over the last three years.
Shares of Nuveen Preferred & Income Securities Fnd (NYSE JPS) traded down $0.07 during mid-day trading on Monday, reaching $9.38. The company had a trading volume of 1,159,492 shares, compared to its average volume of 1,100,000. Nuveen Preferred & Income Securities Fnd has a one year low of $9.23 and a one year high of $10.47.
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Nuveen Preferred & Income Securities Fund, formerly Nuveen Preferred Securities Income 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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