Nuveen Select Maturities Municipal Fund Plans Monthly Dividend of $0.03 (NYSE:NIM)

Nuveen Select Maturities Municipal Fund (NYSE:NIM) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.0275 per share on Tuesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend is Thursday, August 15th.

Nuveen Select Maturities Municipal Fund has decreased its dividend by an average of 5.6% annually over the last three years.

Nuveen Select Maturities Municipal Fund Price Performance

Nuveen Select Maturities Municipal Fund stock traded up $0.01 during trading hours on Wednesday, hitting $9.17. 3,120 shares of the stock were exchanged, compared to its average volume of 26,126. The business’s 50-day moving average is $9.04 and its two-hundred day moving average is $8.98. Nuveen Select Maturities Municipal Fund has a 12 month low of $8.28 and a 12 month high of $9.30.

Nuveen Select Maturities Municipal Fund Company Profile

Nuveen Select Maturities Municipal Fund 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 the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.