Nuveen Mortgage and Income Fund Declares Monthly Dividend of $0.15 (NYSE:JLS)

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.1535 per share on Tuesday, December 31st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 9.96%. The ex-dividend date is Friday, December 13th.

Nuveen Mortgage and Income Fund Stock Up 0.4 %

Shares of JLS traded up $0.08 during midday trading on Tuesday, reaching $18.49. 2,171 shares of the stock were exchanged, compared to its average volume of 21,959. Nuveen Mortgage and Income Fund has a 12-month low of $16.61 and a 12-month high of $18.90. The firm has a 50 day simple moving average of $18.32 and a 200-day simple moving average of $18.09.

About Nuveen Mortgage and Income Fund

Nuveen Mortgage and Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and Wellington Management Company LLP. It invests in the fixed income markets of the United States. The fund invests in undervalued mortgage-backed securities consisting primarily of non-agency residential mortgage-backed securities and commercial mortgage-backed securities with a favorable total return potential.