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

Nuveen Select Tax-Free Income Portfolio (NYSE:NXP) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.052 per share by the financial services provider on Tuesday, December 31st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend is Friday, December 13th.

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

Nuveen Select Tax-Free Income Portfolio Stock Performance

Nuveen Select Tax-Free Income Portfolio stock opened at $14.95 on Wednesday. The business has a 50-day simple moving average of $14.84 and a 200 day simple moving average of $14.71. 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.