Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN – Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.042 per share on Monday, February 3rd. This represents a $0.50 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date is Wednesday, January 15th.
Nuveen New York Select Tax-Free Income Portfolio has increased its dividend payment by an average of 5.6% annually over the last three years.
Nuveen New York Select Tax-Free Income Portfolio Stock Performance
NYSE:NXN opened at $11.52 on Monday. The stock’s fifty day moving average is $11.71 and its two-hundred day moving average is $11.83. Nuveen New York Select Tax-Free Income Portfolio has a 52 week low of $10.98 and a 52 week high of $12.40.
About Nuveen New York Select Tax-Free Income Portfolio
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.
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