Nuveen Preferred and Income ETF (NASDAQ:NPFI) Declares Dividend Increase – $0.14 Per Share

Nuveen Preferred and Income ETF (NASDAQ:NPFI) declared a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.1439 per share on Friday, October 2nd. This represents a $1.73 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 2.6% increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.1403.

Nuveen Preferred and Income ETF Stock Performance

NASDAQ:NPFI opened at $25.13 on Thursday. The business has a 50 day moving average of $25.75 and a 200 day moving average of $25.90. Nuveen Preferred and Income ETF has a 1-year low of $21.00 and a 1-year high of $26.61.

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. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.