Nuveen Mortgage & Inc: Dividend Insights
Portfolio Pulse from Benzinga Insights
Nuveen Mortgage & Inc (NYSE:JLS) announced a monthly dividend of 12.3 cents per share, payable on July 3, 2023. The stock will go ex-dividend on Wednesday, and shareholders must own JLS before the ex-dividend date to be eligible for the payout.
June 09, 2023 | 2:47 pm
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Nuveen Mortgage & Inc (JLS) will pay a monthly dividend of 12.3 cents per share, with the stock going ex-dividend on Wednesday. Shareholders must own JLS before the ex-dividend date to receive the payout.
The announcement of a dividend payout is generally a positive signal for investors, but the stock going ex-dividend means it will trade lower to reflect the payout. This may result in a neutral short-term impact on the stock price.
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IMPORTANCE 80
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