Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.0275 per share on Tuesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend is Thursday, August 15th.
Nuveen Select Maturities Municipal Fund has decreased its dividend by an average of 5.6% annually over the last three years.
Nuveen Select Maturities Municipal Fund Stock Performance
NYSE NIM traded up $0.03 on Friday, reaching $9.19. 50,366 shares of the stock traded hands, compared to its average volume of 22,745. Nuveen Select Maturities Municipal Fund has a 12 month low of $8.28 and a 12 month high of $9.30. The firm’s fifty day simple moving average is $9.00 and its 200 day simple moving average is $8.97.
About Nuveen Select Maturities Municipal Fund
Nuveen Select Maturities Municipal Fund 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 the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.
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