Nuveen Floating Rate Income Fund (NYSE:JFR) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be paid a dividend of 0.0675 per share on Wednesday, November 1st. This represents a $0.81 annualized dividend and a dividend yield of 6.92%. The ex-dividend date is Thursday, October 12th.

Nuveen Floating Rate Income Fund has decreased its dividend payment by an average of 4.4% per year over the last three years.

Nuveen Floating Rate Income Fund (NYSE JFR) opened at 11.71 on Friday. The company has a 50 day moving average price of $11.72 and a 200 day moving average price of $11.75. Nuveen Floating Rate Income Fund has a 12 month low of $10.82 and a 12 month high of $12.34.

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Nuveen Floating Rate Income Fund Company Profile

Nuveen Floating Rate Income Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to achieve a high level of current income. It invests approximately 80% of managed assets in adjustable rate loans, primarily secured senior loans. The Fund also may invest in unsecured senior loans and secured and unsecured subordinated loans.

Dividend History for Nuveen Floating Rate Income Fund (NYSE:JFR)

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