Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) Declares Monthly Dividend of $0.05

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.052 per share by the financial services provider on Thursday, August 1st. This represents a $0.62 annualized dividend and a yield of 4.35%. The ex-dividend date is Monday, July 15th.

Nuveen Select Tax-Free Income Portfolio has raised its dividend by an average of 2.2% annually over the last three years.

Nuveen Select Tax-Free Income Portfolio Trading Down 0.5 %

Shares of NYSE:NXP traded down $0.07 during trading hours on Tuesday, hitting $14.34. The company’s stock had a trading volume of 62,244 shares, compared to its average volume of 75,817. Nuveen Select Tax-Free Income Portfolio has a 52 week low of $12.91 and a 52 week high of $14.89. The firm’s fifty day moving average price is $14.28 and its 200 day moving average price is $14.45.

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.