Nuveen Select Maturities Municipal Fund (NYSE:NIM) Declares $0.06 Monthly Dividend

Nuveen Select Maturities Municipal Fund (NYSE:NIM) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.0623 per share on Tuesday, December 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 8.30%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Select Maturities Municipal Fund has decreased its dividend by an average of 5.6% annually over the last three years.

Nuveen Select Maturities Municipal Fund Stock Up 0.1 %

NIM stock opened at $9.01 on Wednesday. The company has a 50 day moving average price of $9.11 and a two-hundred day moving average price of $9.12. Nuveen Select Maturities Municipal Fund has a one year low of $8.70 and a one year high of $9.49.

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.