Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) to Issue $0.06 Monthly Dividend

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0625 per share by the financial services provider on Monday, June 1st. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date is Friday, May 15th.

Nuveen Preferred & Income Opportunities Fund Stock Performance

Shares of JPC traded down $0.02 during midday trading on Wednesday, hitting $8.00. The company had a trading volume of 375,935 shares, compared to its average volume of 1,081,378. Nuveen Preferred & Income Opportunities Fund has a 1 year low of $7.22 and a 1 year high of $8.30. The company’s 50-day simple moving average is $7.90 and its 200-day simple moving average is $8.06.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) is a closed-end management investment company managed by Nuveen Asset Management, an affiliate of Teachers Insurance and Annuity Association of America (TIAA). The fund’s primary objective is to provide high current income and the potential for capital appreciation by investing in a diversified portfolio of preferred and other income-producing securities.

The fund focuses on preferred and convertible securities issued by U.S. and global corporations, with flexibility to invest in common stocks, corporate debt, exchange-traded debt obligations and other fixed-income instruments.