Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) declared a monthly dividend on Tuesday, January 27th. Stockholders of record on Friday, February 13th will be given a dividend of 0.1335 per share on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date is Friday, February 13th.
Nuveen Real Asset Income and Growth Fund Stock Up 2.2%
Shares of JRI stock traded up $0.28 during trading hours on Wednesday, hitting $13.06. 153,820 shares of the company were exchanged, compared to its average volume of 260,577. The business has a 50 day moving average of $13.50 and a two-hundred day moving average of $13.63. Nuveen Real Asset Income and Growth Fund has a 52 week low of $10.59 and a 52 week high of $14.37.
About Nuveen Real Asset Income and Growth Fund
Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.
The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.
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