Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Thursday, January 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, January 15th will be paid a dividend of 0.0455 per share by the financial services provider on Friday, February 1st. This represents a $0.55 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Monday, January 14th.
Nuveen Select Tax-Free Income Portfolio has raised its dividend by an average of 1.7% annually over the last three years.
Shares of NYSE NXP opened at $14.32 on Wednesday. Nuveen Select Tax-Free Income Portfolio has a twelve month low of $13.63 and a twelve month high of $14.95.
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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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