Nuveen Multi-Asset Income Fund (NMAI) To Go Ex-Dividend on March 14th

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.4175 per share on Tuesday, April 1st. This represents a $1.67 dividend on an annualized basis and a yield of 13.54%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Multi-Asset Income Fund has raised its dividend payment by an average of 7.8% per year over the last three years.

Nuveen Multi-Asset Income Fund Trading Up 0.0 %

Nuveen Multi-Asset Income Fund stock traded up $0.01 on Wednesday, hitting $12.34. The company’s stock had a trading volume of 22,116 shares, compared to its average volume of 99,174. The company has a fifty day moving average price of $12.36 and a 200-day moving average price of $12.65. Nuveen Multi-Asset Income Fund has a one year low of $11.63 and a one year high of $13.50.

Insiders Place Their Bets

In other Nuveen Multi-Asset Income Fund news, major shareholder Saba Capital Management, L.P. sold 22,516 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $12.34, for a total transaction of $277,847.44. Following the completion of the transaction, the insider now directly owns 3,843,058 shares in the company, valued at $47,423,335.72. This represents a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 380,962 shares of company stock worth $4,605,181 over the last quarter.