Nuveen Preferred and Income ETF (NASDAQ:NPFI) Increases Dividend to $0.24 Per Share

Nuveen Preferred and Income ETF (NASDAQ:NPFI) declared a monthly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.243 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 11.1%. The ex-dividend date is Thursday, December 18th. This is a 84.0% increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.13.

Nuveen Preferred and Income ETF Stock Performance

Shares of NASDAQ NPFI traded down $0.17 during trading on Thursday, hitting $26.16. The stock had a trading volume of 1,755 shares, compared to its average volume of 13,436. The firm has a fifty day moving average of $26.34 and a two-hundred day moving average of $26.19. Nuveen Preferred and Income ETF has a 12 month low of $24.71 and a 12 month high of $26.61.

About Nuveen Preferred and Income ETF

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.