The Nuveen Preferred Income Opportunities Fd Plans Monthly Dividend of $0.06 (JPC)

The Nuveen Preferred Income Opportunities Fd Plans Monthly Dividend of $0.06 (JPC)

Nuveen Preferred Income Opportunities Fd has raised its dividend payment by an average of 1.8% annually over the last three years.

Nuveen Preferred Income Opportunities Fd (NYSE:JPC) announced a monthly dividend on Tuesday, May 2nd. Stockholders of record on Monday, May 15th will be given a dividend of 0.064 per share by the financial services provider on Thursday, June 1st. This represents a $0.77 dividend on an annualized basis and a dividend yield of 7.38%. The ex-dividend date is Thursday, May 11th.

Shares of Nuveen Preferred Income Opportunities Fd (JPC) opened at 10.40 on Monday. Nuveen Preferred Income Opportunities Fd has a 1-year low of $8.72 and a 1-year high of $10.56. The stock has a 50 day moving average of $10.13 and a 200-day moving average of $9.86.

Shares of Nuveen Preferred Income Opportunities Fd (JPC) opened at 10.40 on Monday. Nuveen Preferred Income Opportunities Fd has a 1-year low of $8.72 and a 1-year high of $10.56. The stock has a 50 day moving average of $10.13 and a 200-day moving average of $9.86. Separately, Morgan Stanley raised Nuveen Preferred Income Opportunities Fd from an “underweight” rating to an “equal weight” rating in a report on Monday, February 13th.

In related news, insider Nuveen Fund Advisors, Llc sold 7,000 shares of Nuveen Preferred Income Opportunities Fd stock in a transaction dated Thursday, April 6th. The stock was sold at an average price of $9.86, for a total transaction of $69,020.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Nuveen Preferred Income Opportunities Fd Company Profile

Nuveen Preferred Income Opportunities Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is high current income; and its secondary objective is total return. The Fund invests at least 80% of its managed assets in preferred securities and up to 20% opportunistically over the market cycle in other types of securities, primarily income-oriented securities, such as corporate and taxable municipal debt, and common equity.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “JPC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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