Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Announces $0.10 Monthly Dividend

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.10 per share on Monday, June 3rd. This represents a $1.20 dividend on an annualized basis and a yield of 10.43%. The ex-dividend date of this dividend is Tuesday, May 14th.

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

Nuveen Real Asset Income and Growth Fund Stock Performance

JRI stock traded up $0.07 during mid-day trading on Friday, reaching $11.51. The company had a trading volume of 89,716 shares, compared to its average volume of 75,658. The stock’s 50-day simple moving average is $11.44 and its two-hundred day simple moving average is $11.28. Nuveen Real Asset Income and Growth Fund has a one year low of $9.70 and a one year high of $12.12.

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.