Nuveen Real Asset Income and Growth Fund (JRI) to Issue Monthly Dividend of $0.10 on June 3rd

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.10 per share on Monday, June 3rd. This represents a $1.20 dividend on an annualized basis and a dividend 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% annually over the last three years.

Nuveen Real Asset Income and Growth Fund Price Performance

Shares of JRI traded up $0.07 on Friday, hitting $11.51. The company’s stock had a trading volume of 89,716 shares, compared to its average volume of 75,658. The firm’s fifty day moving average price is $11.44 and its 200-day moving average price is $11.29. Nuveen Real Asset Income and Growth Fund has a fifty-two week low of $9.70 and a fifty-two week high of $12.12.

About Nuveen Real Asset Income and Growth Fund

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.