Nuveen Core Plus Impact Fund to Issue Monthly Dividend of $0.12 (NYSE:NPCT)

Nuveen Core Plus Impact Fund (NYSE:NPCT) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.119 per share on Monday, March 3rd. This represents a $1.43 annualized dividend and a yield of 13.23%. The ex-dividend date is Friday, February 14th.

Nuveen Core Plus Impact Fund has raised its dividend payment by an average of 21.2% annually over the last three years.

Nuveen Core Plus Impact Fund Trading Up 0.3 %

NPCT traded up $0.03 during midday trading on Tuesday, hitting $10.79. The company had a trading volume of 157,333 shares, compared to its average volume of 186,324. The stock’s 50 day moving average price is $10.79 and its 200 day moving average price is $11.23. Nuveen Core Plus Impact Fund has a 52 week low of $9.86 and a 52 week high of $11.97.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. sold 25,144 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $11.51, for a total transaction of $289,407.44. Following the completion of the sale, the insider now directly owns 3,398,187 shares of the company’s stock, valued at approximately $39,113,132.37. This trade represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 340,047 shares of company stock worth $3,838,178 over the last 90 days.