Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Raises Dividend to $0.08 Per Share

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) announced a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.0849 per share on Friday, October 2nd. This represents a $1.02 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Thursday, October 1st. This is a 1.6% increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.0836.

Nuveen Ultra Short Income ETF Stock Up 0.0%

Shares of NASDAQ:NUSB opened at $25.20 on Thursday. The stock’s 50-day moving average is $25.21 and its 200-day moving average is $25.23. Nuveen Ultra Short Income ETF has a 52-week low of $25.17 and a 52-week high of $25.66.

About Nuveen Ultra Short Income ETF

The Nuveen Ultra Short Income ETF (NUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an ultra short-term portfolio of USD-denominated, income-producing fixed income securities primarily rated investment grade. The actively managed fund seeks to provide total return consistent with capital preservation. NUSB was launched on Mar 5, 2024 and is issued by Nuveen.