Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) Declares $0.05 Monthly Dividend

Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Wednesday, May 15th will be paid a dividend of 0.047 per share by the financial services provider on Monday, June 3rd. This represents a $0.56 annualized dividend and a yield of 7.86%. The ex-dividend date of this dividend is Tuesday, May 14th.

Nuveen Preferred & Income Opportunities Fund has decreased its dividend by an average of 6.4% per year over the last three years.

Nuveen Preferred & Income Opportunities Fund Stock Up 0.4 %

Shares of JPC stock traded up $0.03 during mid-day trading on Friday, hitting $7.18. The stock had a trading volume of 806,057 shares, compared to its average volume of 893,362. The company’s 50-day simple moving average is $7.09 and its 200-day simple moving average is $6.82. Nuveen Preferred & Income Opportunities Fund has a fifty-two week low of $5.94 and a fifty-two week high of $7.36.

Insider Activity at Nuveen Preferred & Income Opportunities Fund

In other Nuveen Preferred & Income Opportunities Fund news, VP Michael A. Perry bought 7,900 shares of the company’s stock in a transaction on Monday, March 11th. The shares were bought at an average price of $7.18 per share, for a total transaction of $56,722.00. Following the transaction, the vice president now owns 7,900 shares of the company’s stock, valued at approximately $56,722. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Nuveen Preferred & Income Opportunities Fund Company Profile

Nuveen Preferred & Income Opportunities Fund is a closed ended balanced mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and NWQ Investment Management Company, LLC. It invests in the public equity and fixed income markets of the United States.