Favorable News Coverage Somewhat Unlikely to Impact Nuveen Real Estate Income Fund (JRS) Share Price
Media headlines about Nuveen Real Estate Income Fund (NYSE:JRS) have trended positive on Sunday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nuveen Real Estate Income Fund earned a media sentiment score of 0.37 on Accern’s scale. Accern also gave press coverage about the company an impact score of 48.019205579428 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
NYSE:JRS remained flat at $$9.90 during midday trading on Friday. 53,387 shares of the company were exchanged, compared to its average volume of 95,508. Nuveen Real Estate Income Fund has a 52 week low of $9.39 and a 52 week high of $11.55.
The company also recently declared a quarterly dividend, which was paid on Monday, July 2nd. Investors of record on Friday, June 15th were issued a dividend of $0.205 per share. The ex-dividend date was Thursday, June 14th. This represents a $0.82 dividend on an annualized basis and a yield of 8.28%.
Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector.
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