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

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.052 per share by the financial services provider on Tuesday, April 1st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Friday, March 14th.

Nuveen Select Tax-Free Income Portfolio has increased its dividend by an average of 3.8% annually over the last three years.

Nuveen Select Tax-Free Income Portfolio Price Performance

NXP stock traded down $0.08 during midday trading on Tuesday, reaching $14.67. The company’s stock had a trading volume of 55,737 shares, compared to its average volume of 84,711. The business’s 50-day simple moving average is $14.83 and its 200-day simple moving average is $14.86. Nuveen Select Tax-Free Income Portfolio has a 52 week low of $13.79 and a 52 week 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.