Nuveen Multi-Asset Income Fund (NMAI) To Go Ex-Dividend on December 13th

Nuveen Multi-Asset Income Fund (NYSE:NMAI) announced a quarterly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.4175 per share on Tuesday, December 31st. This represents a $1.67 dividend on an annualized basis and a yield of 13.00%. The ex-dividend date is Friday, December 13th.

Nuveen Multi-Asset Income Fund has decreased its dividend payment by an average of 0.3% per year over the last three years.

Nuveen Multi-Asset Income Fund Price Performance

Shares of NYSE:NMAI opened at $12.85 on Wednesday. Nuveen Multi-Asset Income Fund has a 1 year low of $11.63 and a 1 year high of $13.50. The business’s 50-day moving average is $12.77 and its 200-day moving average is $12.78.

Insider Activity at Nuveen Multi-Asset Income Fund

In other news, major shareholder Saba Capital Management, L.P. sold 35,998 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $13.22, for a total transaction of $475,893.56. Following the completion of the sale, the insider now owns 4,712,808 shares in the company, valued at $62,303,321.76. The trade was a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 446,551 shares of company stock worth $5,808,752 in the last quarter.