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, September 5th, Wall Street Journal reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.0455 per share by the financial services provider on Monday, October 2nd. This represents a $0.55 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend is Thursday, September 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 (NXP) traded up 0.1870% during midday trading on Wednesday, reaching $14.7876. 3,944 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $14.65 and its 200-day moving average price is $14.33. Nuveen Select Tax Free Income Portfolio has a one year low of $13.50 and a one year high of $15.92.
About Nuveen Select Tax Free Income Portfolio
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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