Nuveen Real Estate Income Fund (JRS) to Issue Quarterly Dividend of $0.19 on July 1st

Nuveen Real Estate Income Fund (NYSE:JRS) declared a quarterly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of 0.19 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Monday, June 15th. This is a 11.8% increase from Nuveen Real Estate Income Fund’s previous quarterly dividend of $0.17.

Nuveen Real Estate Income Fund Price Performance

NYSE:JRS opened at $8.52 on Friday. Nuveen Real Estate Income Fund has a 1-year low of $7.12 and a 1-year high of $8.59. The firm has a fifty day simple moving average of $8.12 and a 200 day simple moving average of $7.90.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Pathstone Holdings LLC increased its stake in shares of Nuveen Real Estate Income Fund by 26.4% during the 3rd quarter. Pathstone Holdings LLC now owns 674,774 shares of the company’s stock worth $5,520,000 after purchasing an additional 140,914 shares during the last quarter. Advisors Asset Management Inc. increased its stake in shares of Nuveen Real Estate Income Fund by 14.4% during the 4th quarter. Advisors Asset Management Inc. now owns 665,520 shares of the company’s stock worth $5,098,000 after purchasing an additional 83,927 shares during the last quarter. Kanen Wealth Management LLC increased its stake in shares of Nuveen Real Estate Income Fund by 9.8% during the 1st quarter. Kanen Wealth Management LLC now owns 528,047 shares of the company’s stock worth $3,939,000 after purchasing an additional 47,108 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of Nuveen Real Estate Income Fund by 0.7% during the 4th quarter. Private Advisor Group LLC now owns 401,005 shares of the company’s stock worth $3,072,000 after purchasing an additional 2,755 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of Nuveen Real Estate Income Fund by 4.8% during the 4th quarter. LPL Financial LLC now owns 218,665 shares of the company’s stock worth $1,675,000 after purchasing an additional 10,056 shares during the last quarter.

About Nuveen Real Estate Income Fund

Nuveen Real Estate Income Fund (NYSE: JRS) is a diversified closed-end management investment company that seeks to provide shareholders with attractive levels of current income. The fund pursues its objective through investments primarily in equity and debt securities of real estate companies, including publicly traded REITs, real estate operating companies and mortgage-backed securities. By holding a mixture of equity and fixed-income positions, it aims to achieve a balance of income generation and potential for capital appreciation.

The fund’s portfolio construction emphasizes diversification across geographic regions and real estate sectors.