Nuveen Select Tax Free Income Portfolio III (NYSE:NXR) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be given a dividend of 0.0435 per share by the investment management company on Thursday, February 1st. This represents a $0.52 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date is Thursday, January 11th.
Nuveen Select Tax Free Income Portfolio III has decreased its dividend by an average of 5.6% per year over the last three years.
Nuveen Select Tax Free Income Portfolio III (NYSE NXR) traded down $0.05 during trading on Thursday, reaching $14.80. The company’s stock had a trading volume of 55,100 shares, compared to its average volume of 36,071. Nuveen Select Tax Free Income Portfolio III has a one year low of $13.73 and a one year high of $15.69.
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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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