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

Nuveen Select Maturities Municipal Fund (NYSE:NIM) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0275 per share on Monday, March 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen Select Maturities Municipal Fund has increased its dividend by an average of 7.6% annually over the last three years.

Nuveen Select Maturities Municipal Fund Trading Up 0.1 %

NIM stock traded up $0.01 during trading on Tuesday, hitting $9.04. The stock had a trading volume of 33,675 shares, compared to its average volume of 38,840. The company’s 50 day moving average price is $8.86 and its two-hundred day moving average price is $9.08. Nuveen Select Maturities Municipal Fund has a 1-year low of $8.60 and a 1-year high of $9.49.

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.