Nuveen Sl Tfip (NXP) to Issue Monthly Dividend of $0.05 on August 3rd

Nuveen Sl Tfip (NYSE:NXPGet Free Report) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0535 per share by the financial services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Sl Tfip Trading Up 0.5%

Shares of NXP opened at $14.41 on Friday. Nuveen Sl Tfip has a 1-year low of $13.73 and a 1-year high of $14.65. The firm has a 50-day simple moving average of $14.25 and a two-hundred day simple moving average of $14.26.

Institutional Trading of Nuveen Sl Tfip

Several institutional investors have recently added to or reduced their stakes in the stock. Summit Financial Wealth Advisors LLC acquired a new stake in shares of Nuveen Sl Tfip in the first quarter valued at $186,000. Bank of America Corp DE raised its holdings in shares of Nuveen Sl Tfip by 19.5% in the 1st quarter. Bank of America Corp DE now owns 542,458 shares of the financial services provider’s stock valued at $7,784,000 after buying an additional 88,528 shares during the period. Royal Bank of Canada lifted its stake in Nuveen Sl Tfip by 46.0% during the 1st quarter. Royal Bank of Canada now owns 147,201 shares of the financial services provider’s stock worth $2,112,000 after acquiring an additional 46,394 shares in the last quarter. Hilltop Holdings Inc. purchased a new position in Nuveen Sl Tfip during the 1st quarter valued at about $149,000. Finally, Cetera Investment Advisers boosted its holdings in Nuveen Sl Tfip by 82.7% during the 1st quarter. Cetera Investment Advisers now owns 34,973 shares of the financial services provider’s stock valued at $502,000 after acquiring an additional 15,828 shares during the period. Institutional investors and hedge funds own 16.17% of the company’s stock.

About Nuveen Sl Tfip

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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. 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.

Further Reading

Dividend History for Nuveen Sl Tfip (NYSE:NXP)

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