Nuveen Preferred Securities Income Fund (NYSE:JPS) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Friday, September 15th will be paid a dividend of 0.062 per share by the real estate investment trust on Monday, October 2nd. This represents a $0.74 dividend on an annualized basis and a dividend yield of 7.20%. The ex-dividend date is Thursday, September 14th.

Nuveen Preferred Securities Income Fund has raised its dividend by an average of 3.0% annually over the last three years.

Shares of Nuveen Preferred Securities Income Fund (JPS) remained flat at $10.33 during midday trading on Wednesday. The company’s stock had a trading volume of 286,119 shares. The firm has a 50 day moving average price of $10.23 and a 200 day moving average price of $9.98. Nuveen Preferred Securities Income Fund has a 52 week low of $8.21 and a 52 week high of $10.45.

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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.

Dividend History for Nuveen Preferred Securities Income Fund (NYSE:JPS)

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