Nuveen Select Tax-Free Income Portfolio 3 (NXR) to Issue Monthly Dividend of $0.05 on May 3rd

Nuveen Select Tax-Free Income Portfolio 3 (NYSE:NXR) declared a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Stockholders of record on Thursday, April 15th will be paid a dividend of 0.0465 per share by the investment management company on Monday, May 3rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend is Wednesday, April 14th. This is a positive change from Nuveen Select Tax-Free Income Portfolio 3’s previous monthly dividend of $0.04.

Nuveen Select Tax-Free Income Portfolio 3 stock opened at $17.06 on Thursday. Nuveen Select Tax-Free Income Portfolio 3 has a 12 month low of $14.69 and a 12 month high of $19.25. The business has a 50 day simple moving average of $16.57 and a 200-day simple moving average of $16.74.

About Nuveen Select Tax-Free Income Portfolio 3

Nuveen Select Tax-Free Income Portfolio 3 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 seeks to invest in stocks of companies operating across the diversified sectors.

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