Looking at the universe of stocks we cover at Dividend Channel, on 8/13/13, Nuveen Preferred and Income Term Fund (JPI) will trade ex-dividend, for its monthly dividend of $0.169, payable on 9/3/13. As a percentage of JPI's recent stock price of $23.49, 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 8/13/13.
Nuveen Preferred And Income Term Fund About To Put More Money In Your Pocket (JPI)
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