Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) declared a monthly dividend on Monday, July 6th, Wall Street Journal reports. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.0455 per share by the financial services provider on Monday, August 3rd. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend is Tuesday, July 14th.
Nuveen Select Tax-Free Income Portfolio has decreased its dividend by an average of 39.3% annually over the last three years.
NYSE NXP opened at $16.02 on Friday. Nuveen Select Tax-Free Income Portfolio has a twelve month low of $12.70 and a twelve month high of $16.99. The company’s 50-day simple moving average is $15.50 and its 200 day simple moving average is $15.64.
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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