Nuveen Preferred and Income Term Fund (NYSE:JPI) Declares Dividend of $0.10

Nuveen Preferred and Income Term Fund (NYSE:JPIGet Free Report) declared a dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.098 per share on Thursday, August 1st. The ex-dividend date is Monday, July 15th.

Nuveen Preferred and Income Term Fund has decreased its dividend by an average of 8.1% annually over the last three years.

Nuveen Preferred and Income Term Fund Trading Down 0.2 %

Nuveen Preferred and Income Term Fund stock traded down $0.03 during mid-day trading on Tuesday, hitting $19.43. 136,495 shares of the company traded hands, compared to its average volume of 49,844. The stock has a fifty day moving average price of $19.23 and a 200-day moving average price of $18.88. Nuveen Preferred and Income Term Fund has a one year low of $16.25 and a one year high of $19.55.

Nuveen Preferred and Income Term Fund Company Profile

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Nuveen Preferred and Income Term Fund is a close ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies that are operating in financial services sectors such as bank, insurance, REITs, and utility companies.

Further Reading

Dividend History for Nuveen Preferred and Income Term Fund (NYSE:JPI)

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