Looking at the universe of stocks we cover at Dividend Channel, on 7/11/13, Nuveen Preferred and Income Term Fund (JPI) will trade ex-dividend, for its monthly dividend of $0.169, payable on 8/1/13. As a percentage of JPI's recent stock price of $23.60, this dividend works out to approximately 0.72%, so look for shares of Nuveen Preferred and Income Term Fund to trade 0.72% lower — all else being equal — when JPI shares open for trading on 7/11/13.
Reminder - Nuveen Preferred And Income Term Fund (JPI) Goes Ex-Dividend Soon
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