Nuveen Preferred & Income Securities Fnd (JPS) to Issue $0.06 Monthly Dividend

Nuveen Preferred & Income Securities Fnd (NYSE:JPS) declared a monthly dividend on Monday, December 3rd, NASDAQ reports. Stockholders of record on Friday, December 14th will be paid a dividend of 0.056 per share by the real estate investment trust on Monday, December 31st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 8.23%. The ex-dividend date is Thursday, December 13th.

Nuveen Preferred & Income Securities Fnd has increased its dividend by an average of 1.6% per year over the last three years.

Shares of NYSE JPS traded down $0.05 during mid-day trading on Friday, reaching $8.17. 662,803 shares of the company traded hands, compared to its average volume of 614,672. Nuveen Preferred & Income Securities Fnd has a fifty-two week low of $8.14 and a fifty-two week high of $10.47.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The correct version of this news story can be viewed at https://www.chaffeybreeze.com/2018/12/08/nuveen-preferred-income-securities-fnd-jps-to-issue-0-06-monthly-dividend.html.

About Nuveen Preferred & Income Securities Fnd

Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Spectrum Asset Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch.

Featured Article: Investing in Growth Stocks

Dividend History for Nuveen Preferred & Income Securities Fnd (NYSE:JPS)

Receive News & Ratings for Nuveen Preferred & Income Securities Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Preferred & Income Securities Fnd and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply