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

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Thursday, August 15th will be given a dividend of 0.067 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.80 annualized dividend and a dividend yield of 10.46%. The ex-dividend date is Thursday, August 15th. This is a positive change from Nuveen Preferred & Income Opportunities Fund’s previous monthly dividend of $0.07.

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 Trading Down 0.4 %

NYSE JPC traded down $0.03 during mid-day trading on Friday, hitting $7.69. The company’s stock had a trading volume of 990,884 shares, compared to its average volume of 914,124. Nuveen Preferred & Income Opportunities Fund has a 52-week low of $5.94 and a 52-week high of $7.80. The stock’s fifty day simple moving average is $7.46 and its two-hundred day simple moving average is $7.23.

Nuveen Preferred & Income Opportunities Fund Company Profile

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.