Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.065 per share by the financial services provider on Friday, December 1st. This represents a $0.78 annualized dividend and a dividend yield of 7.40%. The ex-dividend date of this dividend is Tuesday, November 14th.
Nuveen Preferred & Income Oprtnts Fnd has increased its dividend payment by an average of 1.8% per year over the last three years.
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Nuveen Preferred & Income Oprtnts Fnd Company Profile
Nuveen Preferred & Income Opportunities Fund, formerly Nuveen Preferred Income Opportunities Fund, is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income; and its secondary objective is total return. The Fund invests at least 80% of its managed assets in preferred securities and up to 20% opportunistically over the market cycle in other types of securities, primarily income-oriented securities, such as corporate and taxable municipal debt, and common equity.
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