Nuveen Preferred and Income ETF (NASDAQ:NPFI) Plans Dividend Increase – $0.14 Per Share

Nuveen Preferred and Income ETF (NASDAQ:NPFI) announced a dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.1392 per share on Wednesday, April 2nd. The ex-dividend date is Tuesday, April 1st. This is a 36.9% increase from Nuveen Preferred and Income ETF’s previous dividend of $0.10.

Nuveen Preferred and Income ETF Price Performance

NASDAQ:NPFI traded down $0.17 during mid-day trading on Tuesday, reaching $25.57. 858 shares of the stock were exchanged, compared to its average volume of 7,313. The business has a fifty day moving average price of $25.75 and a 200 day moving average price of $25.81. Nuveen Preferred and Income ETF has a 1-year low of $24.99 and a 1-year high of $26.15.

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.