Nuveen Preferred & Income Securities Fnd (NYSE:JPS) Plans Monthly Dividend of $0.06

Nuveen Preferred & Income Securities Fnd (NYSE:JPS) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.056 per share by the real estate investment trust on Friday, November 1st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.77%. The ex-dividend date is Friday, October 11th.

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

Shares of NYSE:JPS traded up $0.01 during midday trading on Wednesday, reaching $9.92. 917 shares of the company were exchanged, compared to its average volume of 548,228. The business’s fifty day moving average is $9.80 and its two-hundred day moving average is $9.49. Nuveen Preferred & Income Securities Fnd has a one year low of $7.32 and a one year high of $9.99.

About Nuveen Preferred & Income Securities Fnd

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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