Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Declares Monthly Dividend of $0.13

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Tuesday, January 27th. Stockholders of record on Friday, February 13th will be given a dividend of 0.1335 per share on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Real Asset Income and Growth Fund Stock Up 1.8%

Shares of NYSE JRI traded up $0.23 during midday trading on Wednesday, reaching $13.01. The company’s stock had a trading volume of 84,018 shares, compared to its average volume of 257,972. Nuveen Real Asset Income and Growth Fund has a one year low of $10.59 and a one year high of $14.37. The company has a 50 day moving average price of $13.50 and a 200 day moving average price of $13.63.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.

The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.