Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) to Issue Monthly Dividend of $0.07

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0665 per share by the financial services provider on Monday, February 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.94%. The ex-dividend date is Wednesday, January 15th.

Nuveen Preferred & Income Opportunities Fund has decreased its dividend payment by an average of 6.4% per year over the last three years.

Nuveen Preferred & Income Opportunities Fund Trading Up 0.4 %

Shares of NYSE:JPC traded up $0.03 during mid-day trading on Friday, reaching $8.03. 717,110 shares of the company traded hands, compared to its average volume of 827,905. Nuveen Preferred & Income Opportunities Fund has a 52 week low of $6.72 and a 52 week high of $8.24. The company’s 50 day moving average price is $8.03 and its 200-day moving average price is $7.86.

About Nuveen Preferred & Income Opportunities Fund

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.