Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of 0.1335 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 12.5%. The ex-dividend date of this dividend is Friday, August 14th.
Nuveen Real Asset Income and Growth Fund Trading Down 1.0%
JRI stock opened at $12.83 on Tuesday. Nuveen Real Asset Income and Growth Fund has a 1 year low of $11.67 and a 1 year high of $14.37. The stock has a 50-day moving average price of $12.86 and a two-hundred day moving average price of $12.89.
About Nuveen Real Asset Income and Growth Fund
Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.
The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.
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