Nuveen Preferred & Income Securities Fnd (NYSE:JPS) announced a monthly dividend on Monday, December 3rd, NASDAQ reports. Stockholders of record on Friday, December 14th will be paid a dividend of 0.056 per share by the real estate investment trust on Monday, December 31st. This represents a $0.67 annualized dividend and a dividend yield of 8.23%. The ex-dividend date is Thursday, December 13th.
Nuveen Preferred & Income Securities Fnd has increased its dividend by an average of 1.6% per year over the last three years.
Shares of NYSE JPS traded down $0.05 on Friday, hitting $8.17. The company had a trading volume of 662,803 shares, compared to its average volume of 614,672. Nuveen Preferred & Income Securities Fnd has a 12-month low of $8.14 and a 12-month high of $10.47.
Nuveen Preferred Securities 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 and Spectrum Asset Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch.
Featured Story: Futures Contract
Receive News & Ratings for Nuveen Preferred & Income Securities Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Preferred & Income Securities Fnd and related companies with MarketBeat.com's FREE daily email newsletter.