Nuveen Core Plus Impact Fund (NYSE:NPCT) to Issue $0.12 Monthly Dividend

Nuveen Core Plus Impact Fund (NYSE:NPCT) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.119 per share on Monday, February 3rd. This represents a $1.43 annualized dividend and a dividend yield of 13.61%. The ex-dividend date is Wednesday, January 15th.

Nuveen Core Plus Impact Fund has increased its dividend by an average of 21.2% per year over the last three years.

Nuveen Core Plus Impact Fund Trading Down 0.7 %

Shares of NPCT opened at $10.49 on Monday. The business’s fifty day moving average is $11.00 and its 200 day moving average is $11.28. Nuveen Core Plus Impact Fund has a 12-month low of $9.86 and a 12-month high of $11.97.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. sold 21,029 shares of the stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $11.21, for a total value of $235,735.09. Following the completion of the sale, the insider now directly owns 3,368,560 shares of the company’s stock, valued at approximately $37,761,557.60. This represents a 0.62 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 340,047 shares of company stock worth $3,838,178.