Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) shares rose 15.3% during trading on Wednesday . The company traded as high as $6.20 and last traded at $6.86, approximately 835,242 shares changed hands during mid-day trading. An increase of 48% from the average daily volume of 563,040 shares. The stock had previously closed at $5.95.
The stock’s 50-day moving average is $9.21 and its 200 day moving average is $9.96.
The company also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.061 per share. This represents a $0.73 dividend on an annualized basis and a yield of 10.80%. The ex-dividend date of this dividend is Thursday, March 12th.
About Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC)
Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.
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