Nuveen Preferred & Income Securities Fnd (NYSE:JPS) declared a monthly dividend on Thursday, November 1st, NASDAQ reports. Investors of record on Thursday, November 15th will be paid a dividend of 0.056 per share by the real estate investment trust on Monday, December 3rd. This represents a $0.67 annualized dividend and a yield of 7.90%. The ex-dividend date of this dividend is Wednesday, November 14th.
Nuveen Preferred & Income Securities Fnd has increased its dividend payment by an average of 1.6% per year over the last three years.
NYSE JPS traded down $0.04 during trading hours on Friday, hitting $8.51. The company’s stock had a trading volume of 786 shares, compared to its average volume of 618,738. Nuveen Preferred & Income Securities Fnd has a twelve month low of $8.26 and a twelve month high of $10.47.
Nuveen Preferred & Income Securities Fnd Company Profile
Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Spectrum Asset Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch.
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