Nuveen Sl Tfip to Issue Monthly Dividend of $0.05 (NYSE:NXP)

Nuveen Sl Tfip (NYSE:NXP) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.0535 per share by the financial services provider on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, March 13th.

Nuveen Sl Tfip Stock Performance

Shares of NYSE:NXP traded down $0.01 during mid-day trading on Wednesday, hitting $14.54. 87,620 shares of the company traded hands, compared to its average volume of 173,025. The firm’s 50 day simple moving average is $14.27 and its 200 day simple moving average is $14.31. Nuveen Sl Tfip has a 52-week low of $13.30 and a 52-week high of $14.65.

About Nuveen Sl Tfip

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. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index and Lipper General and Insured Unleveraged Municipal Debt Funds Average.