Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.1335 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date is Wednesday, July 15th.
Nuveen Real Asset Income and Growth Fund Stock Down 0.1%
Shares of JRI stock opened at $12.94 on Thursday. The stock’s fifty day moving average price is $12.83 and its two-hundred day moving average price is $12.99. Nuveen Real Asset Income and Growth Fund has a fifty-two week low of $11.67 and a fifty-two week high of $14.37.
About Nuveen Real Asset Income and Growth Fund
Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.
The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.
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