Nuveen Select Maturities Municipal Fund (NIM) to Issue Monthly Dividend of $0.03 on December 2nd

Nuveen Select Maturities Municipal Fund (NYSE:NIM) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.0275 per share on Monday, December 2nd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date is Friday, November 15th.

Nuveen Select Maturities Municipal Fund has decreased its dividend payment by an average of 5.6% per year over the last three years.

Nuveen Select Maturities Municipal Fund Price Performance

Nuveen Select Maturities Municipal Fund stock traded up $0.02 during midday trading on Wednesday, hitting $9.06. 57,786 shares of the company’s stock were exchanged, compared to its average volume of 26,305. Nuveen Select Maturities Municipal Fund has a 52-week low of $8.58 and a 52-week high of $9.49. The stock has a 50-day moving average price of $9.25 and a two-hundred day moving average price of $9.11.

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.