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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.1335 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 13.2%. The ex-dividend date is Tuesday, September 15th.

Nuveen Real Asset Income and Growth Fund Price Performance

Shares of JRI stock opened at $12.13 on Wednesday. The company’s fifty day simple moving average is $12.76 and its 200-day simple moving average is $12.77. Nuveen Real Asset Income and Growth Fund has a 12 month low of $11.67 and a 12 month high of $14.37.

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.