Nuveen Core Plus Impact Fund to Issue Monthly Dividend of $0.12 (NYSE:NPCT)

Nuveen Core Plus Impact Fund (NYSE:NPCT) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.119 per share on Tuesday, April 1st. This represents a $1.43 dividend on an annualized basis and a yield of 13.04%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Core Plus Impact Fund has increased its dividend payment by an average of 17.0% per year over the last three years.

Nuveen Core Plus Impact Fund Trading Down 1.6 %

NPCT traded down $0.18 during trading on Tuesday, reaching $10.95. The company’s stock had a trading volume of 274,572 shares, compared to its average volume of 162,519. The firm has a fifty day simple moving average of $10.70 and a two-hundred day simple moving average of $11.16. Nuveen Core Plus Impact Fund has a 1 year low of $9.86 and a 1 year high of $11.97.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. sold 26,708 shares of Nuveen Core Plus Impact Fund stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $11.32, for a total transaction of $302,334.56. Following the sale, the insider now owns 2,830,353 shares of the company’s stock, valued at approximately $32,039,595.96. The trade was a 0.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.