Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.0455 per share by the financial services provider on Tuesday, December 31st. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Thursday, December 12th.
Shares of Nuveen Select Tax-Free Income Portfolio stock traded up $0.07 on Wednesday, reaching $16.22. 23,200 shares of the company were exchanged, compared to its average volume of 30,712. The company’s 50-day moving average is $16.23 and its two-hundred day moving average is $15.71. Nuveen Select Tax-Free Income Portfolio has a 1-year low of $13.85 and a 1-year high of $16.70.
About Nuveen Select Tax-Free Income Portfolio
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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