Nuveen Preferred and Income Term Fund (NYSE:JPI) Plans $0.10 Dividend

Nuveen Preferred and Income Term Fund (NYSE:JPIGet Free Report) announced a dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.098 per share on Thursday, August 1st. The ex-dividend date is Monday, July 15th.

Nuveen Preferred and Income Term Fund has decreased its dividend payment by an average of 8.1% per year over the last three years.

Nuveen Preferred and Income Term Fund Trading Down 0.2 %

Shares of JPI stock traded down $0.03 on Tuesday, reaching $19.43. The company’s stock had a trading volume of 136,495 shares, compared to its average volume of 49,844. The stock’s fifty day simple moving average is $19.23 and its 200-day simple moving average is $18.88. Nuveen Preferred and Income Term Fund has a 1 year low of $16.25 and a 1 year high of $19.55.

About Nuveen Preferred and Income Term Fund

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Nuveen Preferred and Income Term Fund is a close 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 into public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies that are operating in financial services sectors such as bank, insurance, REITs, and utility companies.

Further Reading

Dividend History for Nuveen Preferred and Income Term Fund (NYSE:JPI)

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