Nuveen Real Asset Income and Growth Fund Announces $0.1335 Monthly Dividend
The Nuveen Real Asset Income and Growth Fund (NYSE: JRI) has declared a monthly dividend of $0.1335 per share, representing an annualized yield of approximately 13.14%. The payment is scheduled for October 1 to shareholders on record as of September 15, with the ex-dividend date also set for September 15. The fund's high dividend yield may attract income-focused investors seeking regular returns; however, analysts have raised concerns about the sustainability of this distribution. While JRI could offer diversification benefits due to its real asset exposure, market participants are advised to monitor future performance and cash flow stability closely.
Tickers: $JRI
Topics: dividends income investing