DIVIDEND ANNOUNCEMENT: Nuveen Floating Rate Income Fund (NYSE:JFR) on 06/01/2020 declared a dividend of $0.0460 per share

Nuveen Floating Rate Income Fund (NYSE:JFR) on 06/01/2020 declared a dividend of $ 0.0460 per share payable on July 01, 2020 to shareholders of record as of June 15, 2020. Dividend amount recorded is a decrease of $ 0.011 from last dividend Paid.

Nuveen Floating Rate Income Fund (NYSE:JFR) has paid dividends since 2004, has a current dividend yield of 9.1377086639% and has increased its dividends for 1 successive years.

Nuveen Floating Rate Income Fund's market cap is $ 85,438,920 and has a PE ratio of 11.10. The stock price closed yesterday at $ 7.77 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.