Nuveen Select Maturities Municipal Fund to Issue Monthly Dividend of $0.03 (NYSE:NIM)

Nuveen Select Maturities Municipal Fund (NYSE:NIM) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.0275 per share on Monday, December 2nd. This represents a $0.33 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen Select Maturities Municipal Fund has decreased its dividend payment by an average of 5.6% per year over the last three years.

Nuveen Select Maturities Municipal Fund Stock Up 0.2 %

Shares of Nuveen Select Maturities Municipal Fund stock traded up $0.02 during trading on Wednesday, hitting $9.06. The company’s stock had a trading volume of 57,786 shares, compared to its average volume of 26,305. The company has a fifty day simple moving average of $9.25 and a two-hundred day simple moving average of $9.11. Nuveen Select Maturities Municipal Fund has a 52 week low of $8.58 and a 52 week high of $9.49.

Nuveen Select Maturities Municipal Fund Company Profile

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.