Nuveen Select Tax Free Income Portfolio III (NYSE:NXR) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be paid a dividend of 0.0435 per share by the investment management company on Thursday, February 1st. This represents a $0.52 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Thursday, January 11th.
Nuveen Select Tax Free Income Portfolio III has decreased its dividend payment by an average of 5.6% annually over the last three years.
Shares of Nuveen Select Tax Free Income Portfolio III (NYSE NXR) opened at $14.58 on Friday. Nuveen Select Tax Free Income Portfolio III has a 1-year low of $13.73 and a 1-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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