Nuveen Mortgage and Income Fund (NYSE:JLS) Shares to Pay Monthly Dividend of $0.15

Nuveen Mortgage and Income Fund (NYSE:JLS) announced a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be paid a dividend of $0.1535 per share on Monday, November 2nd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date is Thursday, October 15th.

Nuveen Mortgage and Income Fund Stock Down 0.3%

Shares of NYSE JLS opened at $16.32 on Friday. The company has a fifty day moving average price of $16.86 and a 200 day moving average price of $17.58. Nuveen Mortgage and Income Fund has a 1-year low of $16.01 and a 1-year high of $19.03.

About Nuveen Mortgage and Income Fund

Nuveen Mortgage and Income Fund (NYSE: JLS) is a closed-end management investment company sponsored by Nuveen, an investment management firm and subsidiary of TIAA. The fund seeks to provide investors with current income and, to a lesser extent, capital appreciation through a portfolio of mortgage-related investments.

JLS invests primarily in residential and commercial mortgage-backed securities and other debt instruments linked to the U.S. housing and commercial real estate markets. Its portfolio may include securities issued or guaranteed by government-sponsored entities, privately issued mortgage-backed securities, and other mortgage-related instruments.