Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) declared a monthly dividend on Monday, February 4th, Wall Street Journal reports. Investors of record on Friday, February 15th will be paid a dividend of 0.0455 per share by the financial services provider on Friday, March 1st. This represents a $0.55 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date of this dividend is Thursday, February 14th.
Nuveen Select Tax-Free Income Portfolio has raised its dividend payment by an average of 1.7% annually over the last three years.
Shares of Nuveen Select Tax-Free Income Portfolio stock opened at $14.54 on Friday. Nuveen Select Tax-Free Income Portfolio has a 1 year low of $13.63 and a 1 year high of $14.65.
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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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