Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) Raises Dividend to $0.04 Per Share

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Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.0435 per share by the investment management company on Tuesday, December 31st. This represents a $0.52 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, December 12th. This is an increase from Nuveen Select Tax-Free Incom Portfolio 3’s previous monthly dividend of $0.04.

NYSE:NXR traded up $0.03 during mid-day trading on Wednesday, hitting $16.10. 30,607 shares of the stock traded hands, compared to its average volume of 20,332. The business’s 50-day moving average price is $15.84 and its 200 day moving average price is $15.72. Nuveen Select Tax-Free Incom Portfolio 3 has a 12-month low of $14.09 and a 12-month high of $16.34.

Nuveen Select Tax-Free Incom Portfolio 3 Company Profile

Nuveen Select Tax-Free Income Portfolio 3 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 United States. The fund seeks to invest in stocks of companies operating across the diversified sectors.

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Dividend History for Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR)

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