Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.026 per share on Monday, June 3rd. This represents a $0.31 annualized dividend and a dividend yield of 3.50%. The ex-dividend date is Tuesday, May 14th.
Nuveen Select Maturities Municipal Fund has decreased its dividend by an average of 5.6% annually over the last three years.
Nuveen Select Maturities Municipal Fund Stock Up 0.3 %
NYSE NIM traded up $0.03 during trading hours on Friday, reaching $8.91. The company’s stock had a trading volume of 17,358 shares, compared to its average volume of 29,263. Nuveen Select Maturities Municipal Fund has a 1 year low of $8.28 and a 1 year high of $9.45. The firm’s 50-day moving average price is $8.91 and its 200-day moving average price is $8.86.
Nuveen Select Maturities Municipal Fund Company Profile
Nuveen Select Maturities Municipal Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.
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