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

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.052 per share by the financial services provider on Tuesday, December 31st. This represents a $0.62 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Select Tax-Free Income Portfolio has raised its dividend payment by an average of 2.2% per year over the last three years.

Nuveen Select Tax-Free Income Portfolio Stock Performance

Shares of Nuveen Select Tax-Free Income Portfolio stock traded down $0.04 during trading on Tuesday, reaching $14.95. The company had a trading volume of 100,861 shares, compared to its average volume of 79,233. The firm’s fifty day moving average is $14.84 and its 200-day moving average is $14.70. Nuveen Select Tax-Free Income Portfolio has a fifty-two week low of $13.79 and a fifty-two week high of $15.25.

Nuveen Select Tax-Free Income Portfolio Company Profile

Nuveen 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 United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better.