Nuveen Preferred & Income Securities Fnd (NYSE:JPS) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.056 per share by the real estate investment trust on Tuesday, October 1st. This represents a $0.67 dividend on an annualized basis and a yield of 6.90%. The ex-dividend date of this dividend is Thursday, September 12th.
Nuveen Preferred & Income Securities Fnd has raised its dividend payment by an average of 3.2% per year over the last three years.
NYSE:JPS traded down $0.04 during trading hours on Thursday, reaching $9.75. 191,987 shares of the company traded hands, compared to its average volume of 573,994. The business’s 50-day moving average price is $9.69 and its two-hundred day moving average price is $9.36. Nuveen Preferred & Income Securities Fnd has a 1 year low of $7.32 and a 1 year high of $9.87.
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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