Nuveen Preferred and Income Term Fund ( NYSEARCA:JPI – Get Rating ) announced a monthly dividend on Wednesday, March 1st, Wall Street Journal reports. Shareholders of record on Wednesday, March 15th will be paid a dividend of 0.115 per share on Monday, April 3rd. This represents a $1.38 annualized dividend and a yield of 6.99%. The ex-dividend date of this dividend is Tuesday, March 14th. Nuveen Preferred and Income Term Fund Price Performance NYSEARCA:JPI traded up $0.15 during trading hours on Friday, hitting $19.

https://www.dailypolitical.com/2023/03/03/nuveen-preferred-and-income-term-fund-announces-monthly-dividend-of-0-12-nysearcajpi.html

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