Nuveen Select Tax Free Income Portfolio (NXP) Announces Monthly Dividend of $0.05
Nuveen Select Tax Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.0455 per share by the financial services provider on Friday, December 1st. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date is Tuesday, November 14th.
Nuveen Select Tax Free Income Portfolio has decreased its dividend by an average of 4.7% per year over the last three years.
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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