Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Announces $0.04 Monthly Dividend

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.042 per share on Tuesday, April 1st. This represents a $0.50 annualized dividend and a yield of 4.27%. The ex-dividend date is Friday, March 14th.

Nuveen New York Select Tax-Free Income Portfolio has raised its dividend payment by an average of 5.9% annually over the last three years.

Nuveen New York Select Tax-Free Income Portfolio Stock Down 0.3 %

Shares of NYSE NXN traded down $0.04 during midday trading on Tuesday, hitting $11.82. The stock had a trading volume of 14,618 shares, compared to its average volume of 11,871. Nuveen New York Select Tax-Free Income Portfolio has a fifty-two week low of $10.98 and a fifty-two week high of $12.40. The company’s 50-day simple moving average is $11.63 and its 200 day simple moving average is $11.83.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

Nuveen New York Select Tax-Free Income Portfolio 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 New York. The fund invests in the securities of companies that operate across diversified sectors.