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

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.041 per share on Thursday, August 1st. This represents a $0.49 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend is Monday, July 15th.

Nuveen New York Select Tax-Free Income Portfolio has raised its dividend payment by an average of 0.7% per year over the last three years.

Nuveen New York Select Tax-Free Income Portfolio Stock Down 0.3 %

Shares of NYSE NXN traded down $0.03 during midday trading on Tuesday, reaching $11.65. The stock had a trading volume of 5,154 shares, compared to its average volume of 8,590. Nuveen New York Select Tax-Free Income Portfolio has a twelve month low of $10.64 and a twelve month high of $12.45. The company’s 50 day moving average price is $11.70 and its 200 day moving average price is $11.72.

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.