Nuveen Ultra Short Income ETF (NASDAQ:NUSB) to Issue Dividend Increase – $0.12 Per Share

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) announced a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Stockholders of record on Wednesday, December 18th will be paid a dividend of 0.1156 per share on Thursday, December 19th. This represents a $1.39 annualized dividend and a dividend yield of 5.52%. The ex-dividend date is Wednesday, December 18th. This is a boost from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.10.

Nuveen Ultra Short Income ETF Stock Performance

NUSB traded down $0.11 on Wednesday, reaching $25.15. The company’s stock had a trading volume of 2 shares, compared to its average volume of 78,460. Nuveen Ultra Short Income ETF has a fifty-two week low of $25.00 and a fifty-two week high of $25.51. The stock has a 50 day moving average of $25.25 and a two-hundred day moving average of $25.18.

About Nuveen Ultra Short Income ETF

The Nuveen Ultra Short Income ETF (NUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an ultra short-term portfolio of USD-denominated, income-producing fixed income securities primarily rated investment grade. The actively managed fund seeks to provide total return consistent with capital preservation.