Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Increases Dividend to $0.13 Per Share

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.1335 per share on Monday, December 2nd. This represents a $1.60 annualized dividend and a yield of 12.06%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase 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 by an average of 4.1% annually over the last three years.

Nuveen Real Asset Income and Growth Fund Stock Up 0.3 %

NYSE JRI traded up $0.04 during trading on Thursday, hitting $13.28. 4,598 shares of the company’s stock were exchanged, compared to its average volume of 112,386. The stock’s 50 day moving average price is $13.24 and its two-hundred day moving average price is $12.54. Nuveen Real Asset Income and Growth Fund has a fifty-two week low of $10.69 and a fifty-two week 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.