Nuveen Select Tax-Free Income Portfolio (NYSE:NXP – Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid 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 4.18%. 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 2.2% per year over the last three years.
Nuveen Select Tax-Free Income Portfolio Stock Down 0.1 %
Shares of NYSE:NXP opened at $14.93 on Friday. The company has a 50-day moving average price of $14.78 and a 200-day moving average price of $14.80. Nuveen Select Tax-Free Income Portfolio has a 12 month low of $13.79 and a 12 month 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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