Monthly Dividend of $0.05 Planned by Nuveen Quality Preferred Income Fund (JTP)
Nuveen Quality Preferred Income Fund (NYSE:JTP) announced a monthly dividend on Thursday, January 3rd. Shareholders of record on Tuesday, January 15th will be paid a dividend of $0.05 per share on Friday, February 1st. This represents a $0.60 annualized dividend and a dividend yield of 6.86%. The ex-dividend date is Friday, January 11th.
Nuveen Quality Preferred Income Fund (JTP) remained flat at $8.80 during trading on Thursday. Nuveen Quality Preferred Income Fund (JTP) has a 1-year low of $7.65 and a 1-year high of $9.01. The stock’s 50-day moving average is currently $8.54. The company has a market cap of $568.9 million and a price-to-earnings ratio of 9.09.
Nuveen Quality Preferred Income Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is high current income consistent with capital preservation.
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