Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) to Issue Monthly Dividend of $0.06

by · The Cerbat Gem

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC – Get Free Report) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.0625 per share by the financial services provider on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen Preferred & Income Opportunities Fund Stock Performance

Shares of NYSE JPC traded up $0.01 during midday trading on Wednesday, hitting $8.15. 383,626 shares of the company’s stock were exchanged, compared to its average volume of 1,021,628. Nuveen Preferred & Income Opportunities Fund has a twelve month low of $6.79 and a twelve month high of $8.30. The stock’s 50 day moving average price is $8.16 and its 200-day moving average price is $8.14.

Nuveen Preferred & Income Opportunities Fund Company Profile

(Get Free Report)

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) is a closed-end management investment company managed by Nuveen Asset Management, an affiliate of Teachers Insurance and Annuity Association of America (TIAA). The fund’s primary objective is to provide high current income and the potential for capital appreciation by investing in a diversified portfolio of preferred and other income-producing securities.

The fund focuses on preferred and convertible securities issued by U.S. and global corporations, with flexibility to invest in common stocks, corporate debt, exchange-traded debt obligations and other fixed-income instruments.

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