Nuveen Preferred Securities Income Fund to Issue Monthly Dividend of $0.06 (JPS)
Nuveen Preferred Securities Income Fund (NYSE:JPS) declared a monthly dividend on Tuesday, August 1st, NASDAQ reports. Investors of record on Tuesday, August 15th will be given a dividend of 0.062 per share by the real estate investment trust on Friday, September 1st. This represents a $0.74 annualized dividend and a yield of 7.42%. The ex-dividend date is Friday, August 11th.
Nuveen Preferred Securities Income Fund has raised its dividend by an average of 3.0% annually over the last three years.
Nuveen Preferred Securities Income Fund (NYSE:JPS) traded up 0.32% during trading on Friday, reaching $10.03. The company had a trading volume of 885,164 shares. Nuveen Preferred Securities Income Fund has a 12 month low of $8.21 and a 12 month high of $10.45. The stock has a 50 day moving average of $10.26 and a 200-day moving average of $9.88.
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About Nuveen Preferred Securities Income Fund
Nuveen Preferred Securities Income Fund, formerly Nuveen Quality Preferred Income Fund 2, (the 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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