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

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.052 per share by the financial services provider on Monday, December 2nd. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.27%. The ex-dividend date is Friday, November 15th.

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

Nuveen Select Tax-Free Income Portfolio Stock Performance

Shares of NYSE:NXP opened at $14.61 on Thursday. The stock’s 50-day moving average is $14.92 and its 200 day moving average is $14.66. Nuveen Select Tax-Free Income Portfolio has a 1 year low of $13.55 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.