Nuveen Select Tax-Free Income Portfolio (NYSE:NXP – Get Free Report) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.0485 per share by the financial services provider on Monday, June 3rd. This represents a $0.58 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date is Tuesday, May 14th.
Nuveen Select Tax-Free Income Portfolio has increased its dividend payment by an average of 2.2% per year over the last three years.
Nuveen Select Tax-Free Income Portfolio Stock Up 0.6 %
NYSE NXP opened at $14.21 on Friday. The company has a fifty day moving average of $14.35 and a 200-day moving average of $14.30. Nuveen Select Tax-Free Income Portfolio has a 52-week low of $12.91 and a 52-week high of $14.89.
About Nuveen Select Tax-Free Income Portfolio
Nuveen 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 United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better.
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