Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) to Issue $0.07 Monthly Dividend

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0665 per share by the financial services provider on Monday, February 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.94%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen Preferred & Income Opportunities Fund has decreased its dividend by an average of 6.4% annually over the last three years.

Nuveen Preferred & Income Opportunities Fund Stock Performance

JPC stock traded up $0.03 during midday trading on Friday, hitting $8.03. The company’s stock had a trading volume of 717,110 shares, compared to its average volume of 827,905. Nuveen Preferred & Income Opportunities Fund has a 12 month low of $6.72 and a 12 month high of $8.24. The firm’s 50-day moving average is $8.03 and its 200-day moving average is $7.86.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.