Nuveen Real Asset Income and Growth Fund to Issue Monthly Dividend of $0.10 (NYSE:JRI)

Nuveen Real Asset Income and Growth Fund (NYSE:JRIGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Monday, April 15th will be paid a dividend of 0.10 per share on Wednesday, May 1st. This represents a $1.20 annualized dividend and a yield of 10.37%. The ex-dividend date is Friday, April 12th.

Nuveen Real Asset Income and Growth Fund has decreased its dividend by an average of 4.1% per year over the last three years.

Nuveen Real Asset Income and Growth Fund Stock Performance

Shares of NYSE JRI opened at $11.57 on Wednesday. The business has a 50-day moving average of $11.58 and a 200-day moving average of $11.17. Nuveen Real Asset Income and Growth Fund has a fifty-two week low of $9.70 and a fifty-two week high of $12.12.

Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC raised its position in shares of Nuveen Real Asset Income and Growth Fund by 17.2% in the first quarter. Commonwealth Equity Services LLC now owns 22,532 shares of the company’s stock valued at $264,000 after buying an additional 3,300 shares in the last quarter. CI Private Wealth LLC bought a new stake in shares of Nuveen Real Asset Income and Growth Fund during the fourth quarter worth $252,000. Oppenheimer & Co. Inc. grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 42.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 16,033 shares of the company’s stock worth $188,000 after purchasing an additional 4,754 shares during the last quarter. Gallagher Fiduciary Advisors LLC bought a new stake in shares of Nuveen Real Asset Income and Growth Fund in the first quarter worth $175,000. Finally, Kestra Private Wealth Services LLC bought a new stake in Nuveen Real Asset Income and Growth Fund during the first quarter valued at $157,000.

Nuveen Real Asset Income and Growth Fund Company Profile

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Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.

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Dividend History for Nuveen Real Asset Income and Growth Fund (NYSE:JRI)

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