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

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 given a dividend of 0.041 per share on Thursday, August 1st. This represents a $0.49 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Monday, July 15th.

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

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

Shares of Nuveen New York Select Tax-Free Income Portfolio stock traded down $0.03 on Tuesday, reaching $11.65. 5,154 shares of the company were exchanged, compared to its average volume of 8,590. Nuveen New York Select Tax-Free Income Portfolio has a 1-year low of $10.64 and a 1-year high of $12.45. The company’s 50-day moving average is $11.70 and its two-hundred day moving average is $11.72.

About Nuveen New York Select Tax-Free Income Portfolio

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.