Nuveen Select Tax Free Income Portfolio (NXP) Declares $0.05 Monthly Dividend
Nuveen Select Tax Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Friday, October 13th will be paid a dividend of 0.0455 per share by the financial services provider on Wednesday, November 1st. This represents a $0.55 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Thursday, October 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 (NXP) traded up 1.55% during midday trading on Tuesday, reaching $15.08. 43,379 shares of the company’s stock traded hands. Nuveen Select Tax Free Income Portfolio has a 1-year low of $13.50 and a 1-year high of $15.32. The firm’s 50-day moving average is $14.83 and its 200-day moving average is $14.47.
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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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