Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.042 per share on Thursday, May 1st. This represents a $0.50 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date is Tuesday, April 15th.
Nuveen New York Select Tax-Free Income Portfolio has raised its dividend payment by an average of 5.9% annually over the last three years.
Nuveen New York Select Tax-Free Income Portfolio Price Performance
Shares of NYSE:NXN opened at $11.73 on Friday. The firm has a fifty day simple moving average of $11.74 and a two-hundred day simple moving average of $11.80. Nuveen New York Select Tax-Free Income Portfolio has a 52 week low of $10.98 and a 52 week high of $12.40.
About Nuveen New York Select Tax-Free Income Portfolio
Nuveen New York 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 New York. The fund invests in the securities of companies that operate across diversified sectors.
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