Nuveen Senior Income Fund (NYSE:NSL) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.0395 per share by the investment management company on Friday, December 1st. This represents a $0.47 dividend on an annualized basis and a dividend yield of 7.23%. The ex-dividend date is Tuesday, November 14th.
Nuveen Senior Income Fund has decreased its dividend payment by an average of 4.8% annually over the last three years.
Shares of Nuveen Senior Income Fund (NSL) traded down $0.07 during mid-day trading on Monday, hitting $6.56. The stock had a trading volume of 292,400 shares, compared to its average volume of 132,200. Nuveen Senior Income Fund has a twelve month low of $6.26 and a twelve month high of $7.16.
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About Nuveen Senior Income Fund
Nuveen Senior Income Fund is a diversified, closed-end management investment fund. The Fund’s investment objective is to achieve a high level of current income, consistent with capital preservation by investing primarily in adjustable rate United States dollar-denominated secured Senior Loans. The Fund focuses on investing in industries, including media, software, food and staples retailing, health care equipment and supplies, and hotels restaurants and leisure.
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