Looking at the universe of stocks we cover at Dividend Channel, on 5/13/13, Nuveen Preferred and Income Term Fund (JPI) will trade ex-dividend, for its monthly dividend of $0.169, payable on 6/3/13. As a percentage of JPI's recent stock price of $26.35, this dividend works out to approximately 0.64%, so look for shares of Nuveen Preferred and Income Term Fund to trade 0.64% lower — all else being equal — when JPI shares open for trading on 5/13/13.
Reminder - Nuveen Preferred And Income Term Fund (JPI) Goes Ex-Dividend Soon
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