Nuveen Select Tax-Free Income Portfolio Declares Monthly Dividend of $0.05 (NYSE:NXP)

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.052 per share by the financial services provider on Thursday, May 1st. This represents a $0.62 annualized dividend and a yield of 4.35%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen Select Tax-Free Income Portfolio has raised its dividend by an average of 3.8% per year over the last three years.

Nuveen Select Tax-Free Income Portfolio Trading Down 0.1 %

Shares of Nuveen Select Tax-Free Income Portfolio stock traded down $0.02 during trading hours on Thursday, hitting $14.35. The company had a trading volume of 81,833 shares, compared to its average volume of 85,702. The company’s 50-day moving average is $14.63 and its two-hundred day moving average is $14.77. Nuveen Select Tax-Free Income Portfolio has a twelve month low of $13.79 and a twelve month high of $15.25.

Nuveen Select Tax-Free Income Portfolio Company Profile

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.