Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) Announces $0.05 Monthly Dividend

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.052 per share by the financial services provider on Tuesday, December 31st. This represents a $0.62 annualized dividend and a dividend yield of 4.17%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Select Tax-Free Income Portfolio has increased its dividend payment by an average of 2.2% per year over the last three years.

Nuveen Select Tax-Free Income Portfolio Price Performance

NYSE:NXP traded down $0.04 during mid-day trading on Tuesday, hitting $14.95. The company’s stock had a trading volume of 100,861 shares, compared to its average volume of 79,233. The business’s fifty day moving average is $14.84 and its two-hundred day moving average is $14.70. Nuveen Select Tax-Free Income Portfolio has a 1 year low of $13.79 and a 1 year high of $15.25.

About Nuveen Select Tax-Free Income Portfolio

Nuveen 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 United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better.