Nuveen Preferred & Income Securities Fnd (NYSE:JPS) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 7.65%. The ex-dividend date of this dividend is Thursday, January 11th.
Nuveen Preferred & Income Securities Fnd has raised its dividend by an average of 1.6% annually over the last three years.
Shares of Nuveen Preferred & Income Securities Fnd (NYSE:JPS) opened at $9.73 on Friday. Nuveen Preferred & Income Securities Fnd has a 12-month low of $9.23 and a 12-month 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.
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