Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Announces Monthly Dividend of $0.13

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.1335 per share on Tuesday, October 1st. This represents a $1.60 annualized dividend and a dividend yield of 12.26%. The ex-dividend date is Friday, September 13th. This is a boost from Nuveen Real Asset Income and Growth Fund’s previous monthly dividend of $0.13.

Nuveen Real Asset Income and Growth Fund has decreased its dividend payment by an average of 4.1% annually over the last three years.

Nuveen Real Asset Income and Growth Fund Stock Up 0.3 %

Shares of Nuveen Real Asset Income and Growth Fund stock traded up $0.04 on Wednesday, hitting $13.07. The stock had a trading volume of 216,343 shares, compared to its average volume of 106,171. Nuveen Real Asset Income and Growth Fund has a 52-week low of $9.70 and a 52-week high of $13.17. The company’s 50 day moving average price is $12.57 and its 200 day moving average price is $11.91.

About Nuveen Real Asset Income and Growth Fund

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.