Nuveen Preferred & Income Opportunities Fund (JPC) to Issue Monthly Dividend of $0.06 on September 1st

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of 0.0625 per share by the financial services provider on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 9.7%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen Preferred & Income Opportunities Fund Price Performance

Shares of Nuveen Preferred & Income Opportunities Fund stock opened at $7.72 on Wednesday. The company’s fifty day simple moving average is $7.79 and its two-hundred day simple moving average is $7.92. Nuveen Preferred & Income Opportunities Fund has a 12-month low of $7.22 and a 12-month high of $8.30.

Institutional Trading of Nuveen Preferred & Income Opportunities Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its position in shares of Nuveen Preferred & Income Opportunities Fund by 173.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,154 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 2,000 shares during the period. US Bancorp DE increased its position in shares of Nuveen Preferred & Income Opportunities Fund by 202.3% during the third quarter. US Bancorp DE now owns 5,977 shares of the financial services provider’s stock valued at $49,000 after buying an additional 4,000 shares during the period. Sunbelt Securities Inc. increased its position in shares of Nuveen Preferred & Income Opportunities Fund by 820.6% during the fourth quarter. Sunbelt Securities Inc. now owns 8,000 shares of the financial services provider’s stock valued at $65,000 after buying an additional 7,131 shares during the period. Proathlete Wealth Management LLC bought a new position in Nuveen Preferred & Income Opportunities Fund in the fourth quarter worth about $80,000. Finally, NewEdge Wealth LLC bought a new position in Nuveen Preferred & Income Opportunities Fund in the second quarter worth about $79,000.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) is a closed-end management investment company managed by Nuveen Asset Management, an affiliate of Teachers Insurance and Annuity Association of America (TIAA). The fund’s primary objective is to provide high current income and the potential for capital appreciation by investing in a diversified portfolio of preferred and other income-producing securities.

The fund focuses on preferred and convertible securities issued by U.S. and global corporations, with flexibility to invest in common stocks, corporate debt, exchange-traded debt obligations and other fixed-income instruments.