Nuveen Preferred & Income Securities Fnd Declares Monthly Dividend of $0.06 (NYSE:JPS)

Nuveen Preferred & Income Securities Fnd (NYSE:JPS) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be given a dividend of 0.062 per share by the real estate investment trust on Thursday, February 1st. This represents a $0.74 dividend on an annualized basis and a yield of 7.41%. The ex-dividend date is Thursday, January 11th.

Nuveen Preferred & Income Securities Fnd has raised its dividend by an average of 1.6% per year over the last three years.

Shares of Nuveen Preferred & Income Securities Fnd (JPS) traded down $0.07 during mid-day trading on Friday, reaching $10.04. The company’s stock had a trading volume of 592,871 shares, compared to its average volume of 545,242. Nuveen Preferred & Income Securities Fnd has a one year low of $9.23 and a one year high of $10.47.

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Nuveen Preferred & Income Securities Fnd Company Profile

Nuveen Preferred & Income Securities Fund, formerly Nuveen Preferred Securities Income Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income consistent with capital preservation. The Fund’s secondary objective is to enhance portfolio value.

Dividend History for Nuveen Preferred & Income Securities Fnd (NYSE:JPS)

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