Nuveen Preferred and Income ETF (NASDAQ:NPFI) Announces Monthly Dividend of $0.13

Nuveen Preferred and Income ETF (NASDAQ:NPFI) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Investors of record on Wednesday, April 1st will be given a dividend of 0.1288 per share on Thursday, April 2nd. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 10.6% increase from Nuveen Preferred and Income ETF’s previous monthly dividend of $0.12.

Nuveen Preferred and Income ETF Price Performance

Nuveen Preferred and Income ETF stock traded down $0.08 during midday trading on Wednesday, hitting $25.69. The company’s stock had a trading volume of 4,116 shares, compared to its average volume of 28,810. Nuveen Preferred and Income ETF has a 12 month low of $24.71 and a 12 month high of $26.61. The stock’s 50-day moving average price is $26.16 and its 200-day moving average price is $26.27.

Nuveen Preferred and Income ETF Company Profile

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. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.