Nuveen Preferred & Income Opportunities Fund Declares Monthly Dividend of $0.05 (NYSE:JPC)

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.047 per share by the financial services provider on Monday, June 3rd. This represents a $0.56 annualized dividend and a yield of 7.86%. The ex-dividend date is Tuesday, May 14th.

Nuveen Preferred & Income Opportunities Fund has decreased its dividend payment by an average of 6.4% per year over the last three years.

Nuveen Preferred & Income Opportunities Fund Stock Performance

Shares of NYSE:JPC traded up $0.03 during mid-day trading on Friday, reaching $7.18. The stock had a trading volume of 806,057 shares, compared to its average volume of 893,362. The firm has a 50 day simple moving average of $7.09 and a two-hundred day simple moving average of $6.81. Nuveen Preferred & Income Opportunities Fund has a twelve month low of $5.94 and a twelve month high of $7.36.

Insider Activity at Nuveen Preferred & Income Opportunities Fund

In related news, VP Michael A. Perry purchased 7,900 shares of the business’s stock in a transaction on Monday, March 11th. The shares were purchased at an average price of $7.18 per share, with a total value of $56,722.00. Following the completion of the purchase, the vice president now owns 7,900 shares in the company, valued at approximately $56,722. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.