Nuveen Real Estate Income Fund Declares Quarterly Dividend of $0.19 (NYSE:JRS)

by · The Markets Daily

Nuveen Real Estate Income Fund (NYSE:JRS – Get Free Report) declared a quarterly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.19 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Real Estate Income Fund Stock Performance

Shares of JRS stock traded up $0.08 during trading on Wednesday, reaching $8.27. 3,791 shares of the company’s stock traded hands, compared to its average volume of 72,990. The firm’s 50-day moving average is $8.53 and its 200 day moving average is $8.20. Nuveen Real Estate Income Fund has a 1 year low of $7.12 and a 1 year high of $8.90.

Nuveen Real Estate Income Fund Company Profile

(Get Free Report)

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.

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