Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.026 per share on Monday, June 3rd. This represents a $0.31 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date is Tuesday, May 14th.
Nuveen Select Maturities Municipal Fund has decreased its dividend payment by an average of 5.6% annually over the last three years.
Nuveen Select Maturities Municipal Fund Trading Up 0.3 %
Shares of Nuveen Select Maturities Municipal Fund stock opened at $8.91 on Friday. Nuveen Select Maturities Municipal Fund has a twelve month low of $8.28 and a twelve month high of $9.45. The business’s 50 day simple moving average is $8.91 and its 200-day simple moving average is $8.86.
About Nuveen Select Maturities Municipal Fund
Nuveen Select Maturities Municipal Fund 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 the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.
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