Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Declares $0.04 Monthly Dividend

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.042 per share on Monday, March 3rd. This represents a $0.50 annualized dividend and a yield of 4.32%. The ex-dividend date is Friday, February 14th.

Nuveen New York Select Tax-Free Income Portfolio has raised its dividend payment by an average of 5.9% per year over the last three years.

Nuveen New York Select Tax-Free Income Portfolio Price Performance

Nuveen New York Select Tax-Free Income Portfolio stock traded up $0.08 during mid-day trading on Tuesday, reaching $11.68. 14,395 shares of the company’s stock traded hands, compared to its average volume of 13,922. Nuveen New York Select Tax-Free Income Portfolio has a 12-month low of $10.98 and a 12-month high of $12.40. The stock has a 50 day moving average of $11.62 and a two-hundred day moving average of $11.82.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

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.