Nuveen Real Estate Income Fund (NYSE:JRS) announced a quarterly dividend on Monday, December 3rd, NASDAQ reports. Shareholders of record on Friday, December 14th will be paid a dividend of 0.205 per share on Monday, December 31st. This represents a $0.82 dividend on an annualized basis and a yield of 8.62%. The ex-dividend date of this dividend is Thursday, December 13th.
Nuveen Real Estate Income Fund has increased its dividend payment by an average of 3.6% per year over the last three years.
JRS stock traded up $0.05 during midday trading on Friday, reaching $9.51. 105,776 shares of the company’s stock traded hands, compared to its average volume of 89,027. Nuveen Real Estate Income Fund has a 52 week low of $9.04 and a 52 week high of $11.30.
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Nuveen Real Estate Income Fund Company Profile
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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