Nuveen NY Select Tax-Free Income Portfol (NXN) to Issue Monthly Dividend of $0.04 on December 31st

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Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN) announced a monthly dividend on Thursday, December 6th, Wall Street Journal reports. Stockholders of record on Friday, December 14th will be paid a dividend of 0.042 per share on Monday, December 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Thursday, December 13th.

Nuveen NY Select Tax-Free Income Portfol has decreased its dividend by an average of 2.2% per year over the last three years.

Shares of Nuveen NY Select Tax-Free Income Portfol stock opened at $13.03 on Friday. Nuveen NY Select Tax-Free Income Portfol has a 1 year low of $12.26 and a 1 year high of $14.10.

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Nuveen NY Select Tax-Free Income Portfol Company Profile

Nuveen New York Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in the securities of companies that operate across diversified sectors.

Read More: Short Selling – Explanation For Shorting Stocks

Dividend History for Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN)

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