Nuveen Mortgage and Income Fund (NYSE:JLS) Announces $0.15 Monthly Dividend

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of 0.1535 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 10.7%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen Mortgage and Income Fund Stock Performance

JLS stock opened at $17.25 on Tuesday. The business has a 50 day moving average price of $17.58 and a 200 day moving average price of $18.09. Nuveen Mortgage and Income Fund has a fifty-two week low of $17.14 and a fifty-two week high of $19.09.

About Nuveen Mortgage and Income Fund

Nuveen Mortgage and Income Fund (NYSE: JLS) is a closed-end management investment company that primarily invests in U.S. residential mortgage-backed securities. The fund seeks to generate current income with the potential for capital appreciation by allocating assets across a diversified portfolio of agency and non-agency residential mortgage-backed securities, adjustable-rate mortgage securities and mortgage servicing rights. To enhance returns, the fund may employ leverage through repurchase agreements, preferred shares or other financing arrangements.

Since its inception in July 2006, Nuveen Mortgage and Income Fund has focused on navigating various interest-rate and credit-cycle environments through active duration management and credit analysis.