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

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.052 per share by the financial services provider on Monday, March 3rd. This represents a $0.62 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Friday, February 14th.

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

Nuveen Select Tax-Free Income Portfolio Stock Performance

Shares of NXP traded down $0.03 during mid-day trading on Tuesday, hitting $14.87. The company’s stock had a trading volume of 118,393 shares, compared to its average volume of 86,645. The firm has a 50-day moving average price of $14.84 and a 200 day moving average price of $14.85. Nuveen Select Tax-Free Income Portfolio has a fifty-two week low of $13.79 and a fifty-two week high of $15.25.

Nuveen Select Tax-Free Income Portfolio Company Profile

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.