Nuveen Preferred and Income ETF (NASDAQ:NPFI) to Issue Monthly Dividend of $0.12

Nuveen Preferred and Income ETF (NASDAQ:NPFI) announced a monthly dividend on Thursday, October 31st, NASDAQ reports. Stockholders of record on Friday, November 1st will be given a dividend of 0.1178 per share on Monday, November 4th. This represents a $1.41 annualized dividend and a dividend yield of 5.48%. The ex-dividend date of this dividend is Friday, November 1st. This is an increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.09.

Nuveen Preferred and Income ETF Stock Performance

NASDAQ NPFI traded up $0.04 during trading hours on Friday, hitting $25.78. 305 shares of the company’s stock were exchanged, compared to its average volume of 10,293. The business’s 50 day moving average is $25.95 and its 200-day moving average is $25.59. Nuveen Preferred and Income ETF has a 12-month low of $24.99 and a 12-month high of $26.15.

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return.