Nuveen Real Estate Income Fund to Issue Quarterly Dividend of $0.17 (NYSE:JRS)

Nuveen Real Estate Income Fund (NYSE:JRS) announced a quarterly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.17 per share on Tuesday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 7.17%. The ex-dividend date is Friday, December 13th.

Nuveen Real Estate Income Fund has decreased its dividend payment by an average of 3.6% annually over the last three years.

Nuveen Real Estate Income Fund Price Performance

JRS traded up $0.02 during trading hours on Tuesday, hitting $9.48. 51,937 shares of the company’s stock were exchanged, compared to its average volume of 81,777. The firm has a 50 day moving average of $9.12 and a 200 day moving average of $8.48. Nuveen Real Estate Income Fund has a 12-month low of $7.10 and a 12-month high of $9.69.

About Nuveen Real Estate Income Fund

Nuveen Real Estate Income Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc The fund is managed by Security Capital Research & Management Incorporated. It invests in the public equity markets of the United States. The fund makes its investments in stocks of companies operating in the real-estate sector.