Nuveen Real Estate Income Fund (JRS) to Issue Quarterly Dividend of $0.17 on December 31st

Nuveen Real Estate Income Fund (NYSE:JRS) declared a quarterly dividend on Monday, December 1st. Investors of record on Monday, December 15th will be given a dividend of 0.17 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date is Monday, December 15th.

Nuveen Real Estate Income Fund Stock Performance

JRS traded up $0.03 during trading on Friday, hitting $7.78. 43,182 shares of the company’s stock traded hands, compared to its average volume of 82,936. The company’s 50 day simple moving average is $7.93 and its two-hundred day simple moving average is $7.92. Nuveen Real Estate Income Fund has a 12-month low of $6.56 and a 12-month high of $9.12.

Nuveen Real Estate Income Fund Company Profile

Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector.