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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.1335 per share on Monday, December 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 12.12%. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from Nuveen Real Asset Income and Growth Fund’s previous monthly dividend of $0.13.

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

Nuveen Real Asset Income and Growth Fund Price Performance

Shares of NYSE JRI remained flat at $13.22 during mid-day trading on Wednesday. The company had a trading volume of 44,764 shares, compared to its average volume of 112,694. The firm’s fifty day simple moving average is $13.24 and its 200 day simple moving average is $12.54. Nuveen Real Asset Income and Growth Fund has a 12 month low of $10.56 and a 12 month high of $13.72.

About Nuveen Real Asset Income and Growth Fund

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.