Nuveen Preferred and Income ETF (NASDAQ:NPFI) Announces Monthly Dividend of $0.12

Nuveen Preferred and Income ETF (NASDAQ:NPFI) declared a monthly dividend on Thursday, October 31st, NASDAQ reports. Stockholders of record on Friday, November 1st will be paid a dividend of 0.1178 per share on Monday, November 4th. This represents a $1.41 annualized dividend and a dividend yield of 5.48%. The ex-dividend date is Friday, November 1st. This is a boost from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.09.

Nuveen Preferred and Income ETF Trading Up 0.1 %

NPFI stock traded up $0.04 during midday trading on Friday, reaching $25.78. 305 shares of the stock were exchanged, compared to its average volume of 10,293. Nuveen Preferred and Income ETF has a 52 week low of $24.99 and a 52 week high of $26.15. The company has a fifty day moving average price of $25.95 and a 200 day moving average price of $25.59.

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return.