Nuveen Real Asset I&G's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Nuveen Real Asset I&G (NYSE:JRI) announced a monthly dividend of 8.7 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning JRI by the end of Tuesday's session will be eligible for the dividend payout, which will be distributed on July 3, 2023.
June 09, 2023 | 2:47 pm
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Nuveen Real Asset I&G (JRI) will go ex-dividend on Wednesday, with a monthly dividend of 8.7 cents per share. Shareholders owning JRI by the end of Tuesday's session will be eligible for the payout.
The announcement of the dividend and ex-dividend date is important for JRI shareholders, as it directly affects their returns. However, the stock price is expected to adjust for the dividend payout, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100