Nuveen Real Estate Income Fund (NYSE:JRS – Get Free Report) announced a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.17 per share on Tuesday, April 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.77%. The ex-dividend date of this dividend is Friday, March 14th.
Nuveen Real Estate Income Fund has decreased its dividend payment by an average of 3.6% annually over the last three years.
Nuveen Real Estate Income Fund Stock Down 1.4 %
Shares of Nuveen Real Estate Income Fund stock opened at $8.76 on Wednesday. The firm’s 50 day moving average is $8.59 and its 200 day moving average is $8.88. Nuveen Real Estate Income Fund has a 1 year low of $7.10 and a 1 year high of $9.69.
About Nuveen Real Estate Income Fund
Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector.
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