Nuveen Mortgage and Income Fund (NYSE:JLS – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.1535 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date of this dividend is Wednesday, July 15th.
Nuveen Mortgage and Income Fund Trading Up 0.1%
Shares of NYSE:JLS opened at $17.49 on Thursday. The company’s 50-day moving average price is $18.00 and its 200 day moving average price is $18.22. Nuveen Mortgage and Income Fund has a fifty-two week low of $17.29 and a fifty-two week high of $19.09.
About Nuveen Mortgage and Income Fund
Nuveen Mortgage and Income Fund (NYSE: JLS) is a closed-end management investment company that primarily invests in U.S. residential mortgage-backed securities. The fund seeks to generate current income with the potential for capital appreciation by allocating assets across a diversified portfolio of agency and non-agency residential mortgage-backed securities, adjustable-rate mortgage securities and mortgage servicing rights. To enhance returns, the fund may employ leverage through repurchase agreements, preferred shares or other financing arrangements.
Since its inception in July 2006, Nuveen Mortgage and Income Fund has focused on navigating various interest-rate and credit-cycle environments through active duration management and credit analysis.
Further Reading
- Five stocks we like better than Nuveen Mortgage and Income Fund
- Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
- Tesla Stock Surges 15% as FSD Update Backs Its Autonomy Thesis
- Is the Memory Rally Still Alive After the Semiconductor Sell-Off?
- AirJoule Unveils Prime System, Clearing Path to Commercialization
Receive News & Ratings for Nuveen Mortgage and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Mortgage and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
