Nuveen Preferred and Income ETF (NASDAQ:NPFI) Declares Monthly Dividend of $0.14

Nuveen Preferred and Income ETF (NASDAQ:NPFI) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.1403 per share on Wednesday, September 2nd. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 4.0% increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.13.

Nuveen Preferred and Income ETF Stock Down 0.8%

NASDAQ:NPFI traded down $0.20 during mid-day trading on Tuesday, reaching $25.74. 12,038 shares of the company were exchanged, compared to its average volume of 21,912. The company has a fifty day moving average of $25.95 and a 200 day moving average of $26.01. Nuveen Preferred and Income ETF has a 12 month low of $21.00 and a 12 month 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.