Nuveen Preferred and Income ETF (NASDAQ:NPFI) to Issue Monthly Dividend of $0.14

Nuveen Preferred and Income ETF (NASDAQ:NPFI) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be given a dividend of 0.1356 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 11.1% increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.12.

Nuveen Preferred and Income ETF Price Performance

Shares of NASDAQ:NPFI traded down $0.15 during midday trading on Wednesday, hitting $26.00. The company had a trading volume of 5,021 shares, compared to its average volume of 23,915. Nuveen Preferred and Income ETF has a twelve month low of $21.00 and a twelve month high of $26.61. The business’s 50-day simple moving average is $26.04 and its 200-day simple moving average is $26.12.

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.