Nuveen Real Estate Income Fund (JRS) to Issue Quarterly Dividend of $0.19 on October 1st

Nuveen Real Estate Income Fund (NYSE:JRS) declared a quarterly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.19 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Real Estate Income Fund Stock Performance

Shares of Nuveen Real Estate Income Fund stock opened at $8.15 on Thursday. The firm has a fifty day simple moving average of $8.53 and a 200-day simple moving average of $8.20. Nuveen Real Estate Income Fund has a 1-year low of $7.12 and a 1-year high of $8.90.

About Nuveen Real Estate Income Fund

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.