Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) announced a monthly dividend on Wednesday, September 5th, Wall Street Journal reports. Shareholders of record on Friday, September 14th will be given a dividend of 0.061 per share by the financial services provider on Monday, October 1st. This represents a $0.73 dividend on an annualized basis and a yield of 7.87%. The ex-dividend date of this dividend is Thursday, September 13th.
Nuveen Preferred & Income Oprtnts Fnd has raised its dividend by an average of 0.7% per year over the last three years.
NYSE JPC traded down $0.02 during trading on Friday, reaching $9.30. The company’s stock had a trading volume of 254,070 shares, compared to its average volume of 308,090. Nuveen Preferred & Income Oprtnts Fnd has a 12 month low of $9.29 and a 12 month high of $10.69.
Nuveen Preferred & Income Oprtnts Fnd Company Profile
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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