Nuveen Select Maturities Municipal Fund (NYSE:NIM) Declares Monthly Dividend of $0.02


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Nuveen Select Maturities Municipal Fund (NYSE:NIM) announced a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Investors of record on Thursday, April 15th will be given a dividend of 0.024 per share on Monday, May 3rd. This represents a $0.29 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Wednesday, April 14th.

NYSE:NIM opened at $10.70 on Monday. The firm’s 50 day simple moving average is $10.52 and its 200 day simple moving average is $10.55. Nuveen Select Maturities Municipal Fund has a one year low of $9.40 and a one year high of $11.41.

Nuveen Select Maturities Municipal Fund Company Profile

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.

Further Reading: Rule of 72

Dividend History for Nuveen Select Maturities Municipal Fund (NYSE:NIM)

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