Nuveen Select Tax-Free Income Portfolio (NYSE:NXP – Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.052 per share by the financial services provider on Monday, February 3rd. This represents a $0.62 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend is Wednesday, January 15th.
Nuveen Select Tax-Free Income Portfolio has increased its dividend payment by an average of 3.6% per year over the last three years.
Nuveen Select Tax-Free Income Portfolio Stock Down 0.8 %
NYSE NXP opened at $14.82 on Monday. The business has a 50 day moving average price of $14.79 and a 200 day moving average price of $14.82. Nuveen Select Tax-Free Income Portfolio has a 1-year low of $13.79 and a 1-year high of $15.25.
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.
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