Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Raises Dividend to $0.13 Per Share

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.1335 per share on Monday, December 2nd. This represents a $1.60 annualized dividend and a dividend yield of 12.12%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase 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 by an average of 4.1% per year over the last three years.

Nuveen Real Asset Income and Growth Fund Price Performance

NYSE:JRI remained flat at $13.22 during mid-day trading on Wednesday. The company had a trading volume of 48,325 shares, compared to its average volume of 112,711. Nuveen Real Asset Income and Growth Fund has a 12-month low of $10.56 and a 12-month high of $13.72. The company has a 50-day moving average of $13.24 and a 200 day moving average of $12.54.

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.