Nuveen Real Asset Income and Growth Fund (NYSE:JRI) to Issue $0.10 Monthly Dividend

Nuveen Real Asset Income and Growth Fund (NYSE:JRIGet Rating) announced a monthly dividend on Friday, April 1st, Zacks reports. Investors of record on Thursday, April 14th will be paid a dividend of 0.097 per share on Monday, May 2nd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date of this dividend is Wednesday, April 13th.

JRI opened at $15.17 on Monday. The company has a 50 day simple moving average of $14.87. Nuveen Real Asset Income and Growth Fund has a 12 month low of $13.76 and a 12 month high of $16.50.

Several large investors have recently made changes to their positions in JRI. Wells Fargo & Company MN boosted its holdings in Nuveen Real Asset Income and Growth Fund by 1.0% in the fourth quarter. Wells Fargo & Company MN now owns 247,193 shares of the company’s stock valued at $3,984,000 after acquiring an additional 2,392 shares during the last quarter. NewEdge Advisors LLC purchased a new position in Nuveen Real Asset Income and Growth Fund in the fourth quarter valued at about $546,000. Bank of America Corp DE raised its stake in Nuveen Real Asset Income and Growth Fund by 6.3% during the fourth quarter. Bank of America Corp DE now owns 48,105 shares of the company’s stock valued at $775,000 after buying an additional 2,850 shares in the last quarter. UBS Group AG raised its stake in Nuveen Real Asset Income and Growth Fund by 10.4% during the third quarter. UBS Group AG now owns 175,597 shares of the company’s stock valued at $2,678,000 after buying an additional 16,554 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Nuveen Real Asset Income and Growth Fund by 3.7% during the 3rd quarter. Royal Bank of Canada now owns 22,241 shares of the company’s stock worth $339,000 after purchasing an additional 787 shares during the period.

About Nuveen Real Asset Income and Growth Fund (Get Rating)

Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.

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Dividend History for Nuveen Real Asset Income and Growth Fund (NYSE:JRI)

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