Nuveen Preferred & Income Securities Fnd Declares Monthly Dividend of $0.06 (JPS)

Nuveen Preferred & Income Securities Fnd (NYSE:JPS) announced a monthly dividend on Friday, February 1st, Zacks reports. Stockholders of record on Friday, February 15th will be given a dividend of 0.056 per share by the real estate investment trust on Friday, March 1st. This represents a $0.67 annualized dividend and a dividend yield of 7.55%. The ex-dividend date of this dividend is Thursday, February 14th.

Nuveen Preferred & Income Securities Fnd has raised its dividend by an average of 3.2% annually over the last three years.

Shares of NYSE:JPS traded up $0.13 on Friday, hitting $8.90. 507,070 shares of the company were exchanged, compared to its average volume of 1,045,804. Nuveen Preferred & Income Securities Fnd has a 1-year low of $7.32 and a 1-year high of $9.79.

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Nuveen Preferred & Income Securities Fnd Company Profile

Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Spectrum Asset Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch.

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Dividend History for Nuveen Preferred & Income Securities Fnd (NYSE:JPS)

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