Nuveen Preferred Securities Income Fund ( NYSE:JPS – Get Rating ) announced a monthly dividend on Wednesday, March 1st, Zacks reports. Investors of record on Wednesday, March 15th will be paid a dividend of 0.041 per share by the real estate investment trust on Monday, April 3rd. This represents a $0.49 annualized dividend and a yield of 6.87%. The ex-dividend date is Tuesday, March 14th. Nuveen Preferred Securities Income Fund has decreased its dividend payment by an average of 6.2% per year over the last three years.

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