Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) to Issue Dividend Increase – $0.07 Per Share

Nuveen Preferred & Income Opportunities Fund (NYSE:JPCGet Free Report) declared a monthly dividend on Monday, June 3rd, Zacks reports. Investors of record on Friday, June 14th will be paid a dividend of 0.067 per share by the financial services provider on Monday, July 1st. This represents a $0.80 annualized dividend and a yield of 11.00%. The ex-dividend date is Friday, June 14th. This is an increase from Nuveen Preferred & Income Opportunities Fund’s previous monthly dividend of $0.05.

Nuveen Preferred & Income Opportunities Fund has decreased its dividend payment by an average of 6.4% annually over the last three years.

Nuveen Preferred & Income Opportunities Fund Stock Up 0.7 %

NYSE JPC traded up $0.05 on Wednesday, hitting $7.31. 331,799 shares of the company were exchanged, compared to its average volume of 837,498. Nuveen Preferred & Income Opportunities Fund has a 12 month low of $5.94 and a 12 month high of $7.37. The stock has a fifty day moving average of $7.11 and a 200-day moving average of $6.99.

Insider Buying and Selling

In related news, VP Michael A. Perry bought 7,900 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were acquired at an average cost of $7.18 per share, with a total value of $56,722.00. Following the completion of the purchase, the vice president now directly owns 7,900 shares in the company, valued at $56,722. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

About Nuveen Preferred & Income Opportunities Fund

(Get Free Report)

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.

Further Reading

Dividend History for Nuveen Preferred & Income Opportunities Fund (NYSE:JPC)

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