Nuveen Preferred and Income ETF (NASDAQ:NPFI) Raises Dividend to $0.14 Per Share

Nuveen Preferred and Income ETF (NASDAQ:NPFI) declared a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.1403 per share on Wednesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Tuesday, September 1st. This is a 4.0% increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.13.

Nuveen Preferred and Income ETF Trading Down 0.8%

NASDAQ NPFI traded down $0.20 on Tuesday, reaching $25.74. The company had a trading volume of 12,038 shares, compared to its average volume of 21,912. Nuveen Preferred and Income ETF has a 52 week low of $21.00 and a 52 week high of $26.61. The stock’s 50 day moving average is $25.95 and its 200-day moving average is $26.01.

Nuveen Preferred and Income ETF Company Profile

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. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.