Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) Increases Dividend to $0.12 Per Share

Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) announced a monthly dividend on Monday, May 3rd, Zacks reports. Shareholders of record on Friday, May 14th will be given a dividend of 0.119 per share on Tuesday, June 1st. This represents a $1.43 annualized dividend and a yield of 5.75%. The ex-dividend date of this dividend is Thursday, May 13th. This is a boost from Nuveen Preferred and Income 2022 Term Fund’s previous monthly dividend of $0.12.

Nuveen Preferred and Income 2022 Term Fund stock remained flat at $$24.82 during mid-day trading on Wednesday. The company’s stock had a trading volume of 11,837 shares, compared to its average volume of 12,423. Nuveen Preferred and Income 2022 Term Fund has a 1-year low of $20.51 and a 1-year high of $25.00. The firm’s 50-day moving average price is $24.53.

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Dividend History for Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT)

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