Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Announces $0.13 Monthly Dividend

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Tuesday, January 27th. Stockholders of record on Friday, February 13th will be paid a dividend of 0.1335 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date is Friday, February 13th.

Nuveen Real Asset Income and Growth Fund Stock Performance

Shares of JRI stock traded up $0.23 on Wednesday, reaching $13.01. 84,018 shares of the company’s stock traded hands, compared to its average volume of 257,972. Nuveen Real Asset Income and Growth Fund has a 12-month low of $10.59 and a 12-month high of $14.37. The business’s 50 day moving average price is $13.50 and its two-hundred day moving average price is $13.63.

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.