Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Monday, March 5th, Wall Street Journal reports. Investors of record on Thursday, March 15th will be given a dividend of 0.0455 per share by the financial services provider on Monday, April 2nd. This represents a $0.55 annualized dividend and a yield of 3.92%. The ex-dividend date is Wednesday, March 14th.
Nuveen Select Tax-Free Income Portfolio has decreased its dividend payment by an average of 4.5% per year over the last three years.
Nuveen Select Tax-Free Income Portfolio (NYSE NXP) traded up $0.07 on Friday, reaching $13.92. The company had a trading volume of 4,577 shares, compared to its average volume of 30,600. Nuveen Select Tax-Free Income Portfolio has a fifty-two week low of $13.85 and a fifty-two week high of $15.16.
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About Nuveen Select Tax-Free Income Portfolio
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.
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