- Nuveen Floating Rate Income Fund (JFR, Financial) declares a substantial monthly dividend.
- Current forward yield stands at an impressive 12.01%.
- Key dates include the record date on April 15 and payment date on May 1.
Nuveen Floating Rate Income Fund's Attractive Dividend Offering
The Nuveen Floating Rate Income Fund (JFR) has proudly announced its latest monthly dividend of $0.085 per share. This update positions the fund as an appealing choice for income-focused investors seeking robust returns. The current forward yield is an enticing 12.01%, underscoring its potential as a lucrative income-generating investment.
Important Dates for JFR Investors
Investors should be aware of critical dates associated with this dividend. April 15 is marked as the record date, while the ex-dividend date is also set for April 15. This ensures that shareholders on this date will be eligible for the dividend payout. The dividend payment is scheduled to be distributed on May 1.
Diving Deeper into JFR's Dividend Scorecard
To maximize their investment strategies, investors are encouraged to delve into the dividend scorecard and yield chart, offering further insights into the fund's performance metrics. These tools provide a comprehensive overview of the fund's historical and projected dividends, assisting investors in making informed decisions.
By maintaining a focus on these strategic details and leveraging the powerful analytics available through GuruFocus, investors can confidently navigate their investment choices concerning the Nuveen Floating Rate Income Fund.
