Shares of Nuveen Real Estate Income Fund (NYSE:JRS – Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $7.58 and traded as low as $7.29. Nuveen Real Estate Income Fund shares last traded at $7.29, with a volume of 91,806 shares changing hands.
Nuveen Real Estate Income Fund Stock Down 0.8 %
The firm has a fifty day moving average price of $7.58 and a 200-day moving average price of $7.34.
Nuveen Real Estate Income Fund Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 15th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 9.33%. The ex-dividend date of this dividend was Thursday, March 14th.
Hedge Funds Weigh In On Nuveen Real Estate Income Fund
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.
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