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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.1335 per share on Thursday, August 1st. This represents a $1.60 annualized dividend and a yield of 12.92%. The ex-dividend date is Monday, July 15th. 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 by an average of 4.1% annually over the last three years.

Nuveen Real Asset Income and Growth Fund Price Performance

NYSE JRI traded up $0.09 during mid-day trading on Tuesday, reaching $12.40. The stock had a trading volume of 105,836 shares, compared to its average volume of 83,913. Nuveen Real Asset Income and Growth Fund has a 1 year low of $9.70 and a 1 year high of $12.42. The company has a fifty day moving average price of $11.71 and a 200 day moving average price of $11.62.

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.