Nuveen Select Tax-Free Income Portfolio to Issue Monthly Dividend of $0.05 (NYSE:NXP)

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.0455 per share by the financial services provider on Thursday, February 1st. This represents a $0.55 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date is Thursday, January 11th.

Nuveen Select Tax-Free Income Portfolio has decreased its dividend by an average of 4.5% annually over the last three years.

Nuveen Select Tax-Free Income Portfolio (NYSE NXP) opened at $14.54 on Friday. Nuveen Select Tax-Free Income Portfolio has a 1 year low of $13.73 and a 1 year high of $15.16.

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Nuveen Select Tax-Free Income Portfolio Company Profile

Nuveen Select Tax-Free Income Portfolio 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.

Dividend History for Nuveen Select Tax-Free Income Portfolio (NYSE:NXP)

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