Nuveen Real Asset Income and Growth Fund (JRI) To Go Ex-Dividend on May 15th

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.1335 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 12.2%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen Real Asset Income and Growth Fund Stock Performance

JRI stock traded down $0.03 during midday trading on Wednesday, hitting $13.12. The company’s stock had a trading volume of 59,338 shares, compared to its average volume of 219,668. Nuveen Real Asset Income and Growth Fund has a 52-week low of $11.67 and a 52-week high of $14.37. The firm has a 50-day simple moving average of $12.70 and a 200-day simple moving average of $13.23.

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.