Nuveen Real Estate Income Fund (NYSE:JRS) announced a quarterly dividend on Thursday, March 1st, Zacks reports. Investors of record on Thursday, March 15th will be given a dividend of 0.23 per share on Monday, April 2nd. This represents a $0.92 dividend on an annualized basis and a yield of 9.15%. The ex-dividend date is Wednesday, March 14th.
Nuveen Real Estate Income Fund has raised its dividend by an average of 3.6% annually over the last three years.
Shares of Nuveen Real Estate Income Fund (NYSE:JRS) opened at $10.06 on Tuesday. Nuveen Real Estate Income Fund has a 1-year low of $9.50 and a 1-year high of $11.90.
About Nuveen Real Estate Income Fund
Nuveen Real Estate Income Fund (the Fund) is a diversified, closed-end investment company. The Fund seeks to provide high current income and capital appreciation by investing at least 90% of its total assets in income producing common stocks, preferred stocks, convertible preferred stocks and debt securities issued by real estate companies.
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