Nuveen Select Tax Free Income Portfolio Plans Monthly Dividend of $0.05 (NXP)
Nuveen Select Tax Free Income Portfolio (NYSE:NXP) declared a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Investors of record on Friday, July 14th will be given a dividend of 0.0455 per share by the financial services provider on Tuesday, August 1st. This represents a $0.55 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date is Wednesday, July 12th.
Nuveen Select Tax Free Income Portfolio has decreased its dividend payment by an average of 4.7% per year over the last three years.
Nuveen Select Tax Free Income Portfolio (NYSE:NXP) traded down 0.48% on Wednesday, reaching $14.38. The company had a trading volume of 18,151 shares. The stock’s 50-day moving average price is $14.38 and its 200-day moving average price is $14.13. Nuveen Select Tax Free Income Portfolio has a 12-month low of $13.50 and a 12-month high of $15.93.
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Nuveen Select Tax Free Income Portfolio Company Profile
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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