Wednesday Is Your Last Chance To Buy Nuveen Real Asset I&G Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Wednesday is the last day for investors to buy Nuveen Real Asset I&G (NYSE:JRI) to be eligible for its monthly dividend payout of 10 cents per share. The ex-dividend date is Thursday, meaning JRI's stock will likely open 10 cents lower to reflect the payout. Shareholders owning the stock by the end of Wednesday will receive the dividend on February 01, 2024.
January 08, 2024 | 2:45 pm
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Nuveen Real Asset I&G (NYSE:JRI) will pay a 10 cents per share dividend, with the ex-dividend date being Thursday. Stock price is expected to open lower by the dividend amount on the ex-dividend date.
The stock price of JRI is likely to decrease in the short term by the amount of the dividend payout, as it goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price. The importance is significant for dividend investors, and the confidence in this analysis is high due to the predictable nature of ex-dividend price adjustments.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100