Looking at the universe of stocks we cover at Dividend Channel, on 7/11/13, Nuveen Real Asset Income and Growth Fund (JRI) will trade ex-dividend, for its quarterly dividend of $0.3675, payable on 8/1/13. As a percentage of JRI's recent stock price of $19.19, this dividend works out to approximately 1.92%, so look for shares of Nuveen Real Asset Income and Growth Fund to trade 1.92% lower — all else being equal — when JRI shares open for trading on 7/11/13.
Below is a dividend history chart for JRI, showing historical dividends prior to the most recent $0.3675 declared by Nuveen Real Asset Income and Growth Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from JRI is likely to continue, and whether the current estimated yield of 7.66% on annualized basis is a reasonable expectation of annual yield going forward.In Wednesday trading, Nuveen Real Asset Income and Growth Fund shares are currently up about 0.5% on the day.
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