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 given a dividend of 0.052 per share by the financial services provider on Monday, February 3rd. This represents a $0.62 annualized dividend and a dividend yield of 4.18%. The ex-dividend date is Wednesday, January 15th.
Nuveen Select Tax-Free Income Portfolio has increased its dividend 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 traded down $0.02 during mid-day trading on Friday, reaching $14.93. 65,621 shares of the stock were exchanged, compared to its average volume of 58,811. The stock's 50 day simple moving average is $14.78 and its 200-day simple moving average is $14.80. Nuveen Select Tax-Free Income Portfolio has a one year low of $13.79 and a one year high of $15.25.
About Nuveen Select Tax-Free Income Portfolio
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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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