Nuveen Select Tax Free Income Portfolio III (NYSE:NXR) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.0435 per share by the investment management company on Friday, December 29th. This represents a $0.52 annualized dividend and a dividend yield of 3.51%. The ex-dividend date is Thursday, December 14th.
Nuveen Select Tax Free Income Portfolio III has decreased its dividend by an average of 5.4% per year over the last three years.
Nuveen Select Tax Free Income Portfolio III (NYSE NXR) traded down $0.11 during trading on Wednesday, reaching $14.89. 50,055 shares of the company were exchanged, compared to its average volume of 19,843. Nuveen Select Tax Free Income Portfolio III has a 52 week low of $13.73 and a 52 week high of $15.67.
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Nuveen Select Tax Free Income Portfolio III Company Profile
Nuveen Select Tax-Free Income Portfolio 3 is a diversified closed-end management investment company. The Fund’s investment objective is that it seeks to provide current income and stable dividends, exempt from regular federal and designated state income taxes, where applicable, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations.
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