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 Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.052 per share by the financial services provider on Tuesday, September 3rd. This represents a $0.62 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Thursday, August 15th.

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

Nuveen Select Tax-Free Income Portfolio Price Performance

NYSE NXP traded up $0.10 on Friday, reaching $14.92. The company’s stock had a trading volume of 85,863 shares, compared to its average volume of 82,525. Nuveen Select Tax-Free Income Portfolio has a twelve month low of $12.91 and a twelve month high of $14.92. The firm’s 50 day moving average is $14.47 and its two-hundred day moving average is $14.43.

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.