Nuveen Real Asset Income and Growth Fund to Issue Monthly Dividend of $0.11 (JRI)
Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Monday, December 3rd, Zacks reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.106 per share on Monday, December 31st. This represents a $1.27 annualized dividend and a dividend yield of 8.80%. The ex-dividend date of this dividend is Thursday, December 13th.
Nuveen Real Asset Income and Growth Fund has decreased its dividend payment by an average of 22.8% per year over the last three years.
Shares of NYSE:JRI traded down $0.20 during midday trading on Friday, hitting $14.45. 154,413 shares of the stock were exchanged, compared to its average volume of 88,286. Nuveen Real Asset Income and Growth Fund has a twelve month low of $14.45 and a twelve month high of $18.25.
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Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.
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