DIVIDEND ANNOUNCEMENT: Nuveen Floating Rate Income Fund (NYSE:JFR) on 05/01/2020 declared a dividend of $0.0570 per share

Nuveen Floating Rate Income Fund (NYSE:JFR) on 05/01/2020 declared a dividend of $ 0.0570 per share payable on June 01, 2020 to shareholders of record as of May 15, 2020.

Nuveen Floating Rate Income Fund (NYSE:JFR) has paid dividends since 2004, has a current dividend yield of 9.6433286667% and has increased its dividends for 1 successive years.

Nuveen Floating Rate Income Fund's market cap is $ 83,239,720 and has a PE ratio of 10.81. The stock price closed yesterday at $ 7.57 and has a 52 week low/high of $ 4.73 and $ 10.37.

Nuveen Floating Rate Income Fund is a newly organized, diversified closed-end management investment company. The Funds objective is to provide a high level of current income by investing primarily in senior loans whose interest rates float or adjust periodically based on a benchmark interest rate index. As of July 31 2017, the Fund's total assets amounted to $1,081,311,939 and investment portfolio totaled $1,050,214,775.

For more information on Nuveen Floating Rate Income Fund click here.