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

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.052 per share by the financial services provider on Tuesday, December 31st. This represents a $0.62 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Select Tax-Free Income Portfolio has increased its dividend payment by an average of 2.2% per year over the last three years.

Nuveen Select Tax-Free Income Portfolio Stock Down 0.3 %

Shares of NYSE NXP traded down $0.04 during trading on Tuesday, hitting $14.95. 100,861 shares of the company traded hands, compared to its average volume of 79,233. Nuveen Select Tax-Free Income Portfolio has a 1 year low of $13.79 and a 1 year high of $15.25. The company has a 50-day moving average price of $14.84 and a 200-day moving average price of $14.70.

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.