Nuveen Preferred and Income ETF (NASDAQ:NPFI) Plans Dividend Increase – $0.12 Per Share

Nuveen Preferred and Income ETF (NASDAQ:NPFI) announced a monthly dividend on Wednesday, July 31st, NASDAQ reports. Shareholders of record on Thursday, August 1st will be paid a dividend of 0.1249 per share on Friday, August 2nd. This represents a $1.50 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Thursday, August 1st. This is an increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.12.

Nuveen Preferred and Income ETF Stock Performance

NASDAQ:NPFI opened at $25.48 on Friday. The business has a fifty day moving average of $25.44. Nuveen Preferred and Income ETF has a 12-month low of $24.99 and a 12-month high of $25.63.

Nuveen Preferred and Income ETF Company Profile

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return.