Nuveen Select Tax-Free Income Portfolio (NYSE:NXP – Get Free Report) declared a monthly dividend on Wednesday, May 1st, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.0485 per share by the financial services provider on Monday, June 3rd. This represents a $0.58 annualized dividend and a dividend yield of 4.06%. The ex-dividend date of this dividend is Tuesday, May 14th.
Nuveen Select Tax-Free Income Portfolio has raised its dividend by an average of 2.2% per year over the last three years and has raised its dividend annually for the last 1 consecutive years.
Nuveen Select Tax-Free Income Portfolio Stock Performance
Nuveen Select Tax-Free Income Portfolio stock opened at $14.35 on Friday. The stock’s 50 day moving average is $14.34 and its 200 day moving average is $14.35. Nuveen Select Tax-Free Income Portfolio has a twelve month low of $12.91 and a twelve month high of $14.89.
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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