Nuveen Quality Preferred Income Fund Plans Monthly Dividend of $0.05 (JTP)

Nuveen Quality Preferred Income Fund (NYSE:JTP) declared a monthly dividend on Monday, March 4th. Shareholders of record on Friday, March 15th will be given a dividend of $0.05 per share on Monday, April 1st. This represents a $0.60 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date of this dividend is Wednesday, March 13th.

Nuveen Quality Preferred Income Fund (JTP) traded up 0.22% on Monday, hitting $9.09. Nuveen Quality Preferred Income Fund (JTP) has a 1-year low of $7.84 and a 1-year high of $9.16. The stock’s 50-day moving average is currently $8.97. The company has a market cap of $587.6 million and a price-to-earnings ratio of 9.37.

Nuveen Quality Preferred Income Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is high current income consistent with capital preservation.

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