Nuveen Select Maturities Municipal Fund (NYSE:NIM) Plans Monthly Dividend of $0.03

Nuveen Select Maturities Municipal Fund (NYSE:NIM) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0275 per share on Monday, March 3rd. This represents a $0.33 annualized dividend and a yield of 3.65%. The ex-dividend date is Friday, February 14th.

Nuveen Select Maturities Municipal Fund has increased its dividend payment by an average of 7.6% per year over the last three years.

Nuveen Select Maturities Municipal Fund Price Performance

Shares of NIM traded up $0.01 during mid-day trading on Tuesday, hitting $9.04. The company had a trading volume of 33,675 shares, compared to its average volume of 38,840. Nuveen Select Maturities Municipal Fund has a 1-year low of $8.60 and a 1-year high of $9.49. The business’s 50-day simple moving average is $8.86 and its 200-day simple moving average is $9.08.

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.