Nuveen Diversified Dividend and Income Fund (NYSE:JDD) declared a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 15th will be paid a dividend of 0.27 per share on Friday, December 29th. This represents a $1.08 annualized dividend and a yield of 8.82%. The ex-dividend date of this dividend is Thursday, December 14th.
Nuveen Diversified Dividend and Income Fund has increased its dividend by an average of 2.6% per year over the last three years.
Shares of Nuveen Diversified Dividend and Income Fund (JDD) traded down $0.04 during mid-day trading on Tuesday, reaching $12.24. 38,200 shares of the company traded hands, compared to its average volume of 65,195. Nuveen Diversified Dividend and Income Fund has a 12-month low of $11.05 and a 12-month high of $13.25.
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About Nuveen Diversified Dividend and Income Fund
Nuveen Diversified Dividend and Income Fund (the Fund) is a diversified, closed-end investment company. The Fund’s investment objectives are high current income and total return. The Fund invests approximately equal proportions in the United States and foreign dividend-paying common stocks, dividend-paying common stocks issued by real estate investment trusts (REITs), emerging markets sovereign debt, and adjustable rate senior loans.
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