Nuveen New York Select Tax-Free Income Portfolio Announces Monthly Dividend of $0.04 (NYSE:NXN)

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.042 per share on Tuesday, April 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen New York Select Tax-Free Income Portfolio has raised its dividend payment by an average of 5.9% per year over the last three years.

Nuveen New York Select Tax-Free Income Portfolio Price Performance

NXN stock opened at $11.74 on Wednesday. Nuveen New York Select Tax-Free Income Portfolio has a fifty-two week low of $10.98 and a fifty-two week high of $12.40. The business has a fifty day moving average price of $11.67 and a 200 day moving average price of $11.83.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

Nuveen New York 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 New York. The fund invests in the securities of companies that operate across diversified sectors.