Nuveen Select Tax-Free Income Portfolio 3 (NYSE:NXR) announced a monthly dividend on Friday, October 1st, Zacks reports. Investors of record on Friday, October 15th will be paid a dividend of 0.047 per share by the investment management company on Monday, November 1st. This represents a $0.56 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Thursday, October 14th.
Nuveen Select Tax-Free Income Portfolio 3 has decreased its dividend payment by 3.1% over the last three years.
Shares of NXR opened at $17.29 on Wednesday. The stock’s 50-day simple moving average is $17.72 and its 200 day simple moving average is $17.86. Nuveen Select Tax-Free Income Portfolio 3 has a 52-week low of $15.69 and a 52-week high of $20.44.
About Nuveen Select Tax-Free Income Portfolio 3
Nuveen Select Tax Free Income Portfolio 3 operates as a closed-end investment fund. Its primary objective is current income exempt from regular federal income tax, consistent with preservation of capital. The company was founded on May 28, 1992 and is headquartered in Chicago, IL.
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