Nuveen Real Estate Income Fund (NYSE:JRS) Announces Dividend Increase – $0.19 Per Share

Nuveen Real Estate Income Fund (NYSE:JRSGet Free Report) announced a quarterly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of 0.19 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date is Monday, June 15th. This is a 11.8% increase from Nuveen Real Estate Income Fund’s previous quarterly dividend of $0.17.

Nuveen Real Estate Income Fund Price Performance

JRS opened at $8.09 on Tuesday. Nuveen Real Estate Income Fund has a 1 year low of $7.12 and a 1 year high of $8.38. The firm has a 50 day moving average price of $7.95 and a 200 day moving average price of $7.86.

About Nuveen Real Estate Income Fund

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Nuveen Real Estate Income Fund (NYSE: JRS) is a diversified closed-end management investment company that seeks to provide shareholders with attractive levels of current income. The fund pursues its objective through investments primarily in equity and debt securities of real estate companies, including publicly traded REITs, real estate operating companies and mortgage-backed securities. By holding a mixture of equity and fixed-income positions, it aims to achieve a balance of income generation and potential for capital appreciation.

The fund’s portfolio construction emphasizes diversification across geographic regions and real estate sectors.

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Dividend History for Nuveen Real Estate Income Fund (NYSE:JRS)

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