Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN) announced a monthly dividend on Monday, July 6th, Wall Street Journal reports. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0395 per share on Monday, August 3rd. This represents a $0.47 annualized dividend and a yield of 3.63%. The ex-dividend date is Tuesday, July 14th.
Nuveen NY Select Tax-Free Income Portfol has decreased its dividend by an average of 38.6% per year over the last three years.
NYSE:NXN traded up $0.14 on Monday, hitting $13.05. 1,945 shares of the stock were exchanged, compared to its average volume of 7,053. The stock has a fifty day moving average of $12.90 and a 200-day moving average of $13.31. Nuveen NY Select Tax-Free Income Portfol has a fifty-two week low of $11.12 and a fifty-two week high of $14.50.
About Nuveen NY Select Tax-Free Income Portfol
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.
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