Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Announces Dividend Increase – $0.08 Per Share

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.0847 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 1.7% increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.08.

Nuveen Ultra Short Income ETF Trading Up 0.0%

Shares of NUSB stock traded up $0.00 on Wednesday, reaching $25.26. 25 shares of the stock were exchanged, compared to its average volume of 1,582. The firm has a 50 day moving average of $25.24 and a two-hundred day moving average of $25.25. Nuveen Ultra Short Income ETF has a 1-year low of $25.18 and a 1-year high of $25.66.

About Nuveen Ultra Short Income ETF

The Nuveen Ultra Short Income ETF (NUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an ultra short-term portfolio of USD-denominated, income-producing fixed income securities primarily rated investment grade. The actively managed fund seeks to provide total return consistent with capital preservation. NUSB was launched on Mar 5, 2024 and is issued by Nuveen.