Nuveen Core Plus Impact Fund Announces Monthly Dividend of $0.12 (NYSE:NPCT)

Nuveen Core Plus Impact Fund (NYSE:NPCT) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.119 per share on Tuesday, April 1st. This represents a $1.43 annualized dividend and a dividend yield of 13.04%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Core Plus Impact Fund has raised its dividend payment by an average of 17.0% per year over the last three years.

Nuveen Core Plus Impact Fund Stock Performance

Shares of NPCT traded down $0.18 during trading hours on Tuesday, hitting $10.95. 274,572 shares of the company were exchanged, compared to its average volume of 162,519. The firm’s 50 day moving average is $10.70 and its 200-day moving average is $11.16. Nuveen Core Plus Impact Fund has a 52 week low of $9.86 and a 52 week high of $11.97.

Insider Activity at Nuveen Core Plus Impact Fund

In related news, major shareholder Saba Capital Management, L.P. sold 35,058 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $11.36, for a total transaction of $398,258.88. Following the completion of the sale, the insider now owns 2,902,633 shares in the company, valued at $32,973,910.88. This represents a 1.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.