Nuveen Real Estate Income Fund (NYSE:JRS) Plans $0.17 Quarterly Dividend

Nuveen Real Estate Income Fund (NYSE:JRS) announced a quarterly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be paid a dividend of 0.17 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen Real Estate Income Fund Stock Performance

Shares of NYSE JRS traded down $0.04 during mid-day trading on Wednesday, hitting $8.15. 8,004 shares of the stock were exchanged, compared to its average volume of 86,980. The stock’s fifty day simple moving average is $7.86 and its two-hundred day simple moving average is $7.93. Nuveen Real Estate Income Fund has a twelve month low of $6.56 and a twelve month high of $8.80.

Nuveen Real Estate Income Fund Company Profile

Nuveen Real Estate Income Fund (NYSE: JRS) is a diversified closed-end management investment company that seeks to provide shareholders with attractive levels of current income. The fund pursues its objective through investments primarily in equity and debt securities of real estate companies, including publicly traded REITs, real estate operating companies and mortgage-backed securities. By holding a mixture of equity and fixed-income positions, it aims to achieve a balance of income generation and potential for capital appreciation.

The fund’s portfolio construction emphasizes diversification across geographic regions and real estate sectors.