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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.1335 per share on Monday, February 3rd. This represents a $1.60 annualized dividend and a yield of 12.90%. The ex-dividend date is Wednesday, January 15th.

Nuveen Real Asset Income and Growth Fund has decreased its dividend by an average of 4.1% per year over the last three years.

Nuveen Real Asset Income and Growth Fund Trading Up 2.3 %

Shares of NYSE JRI traded up $0.28 during mid-day trading on Friday, reaching $12.42. 150,214 shares of the company’s stock were exchanged, compared to its average volume of 140,357. The business has a fifty day simple moving average of $12.98 and a 200 day simple moving average of $12.85. Nuveen Real Asset Income and Growth Fund has a twelve month low of $10.84 and a twelve month high of $13.72.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund is an closed 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 in the public equity markets across the globe. The fund also makes its investments in depository receipts.