Nuveen Select Tax-Free Income Portfolio Declares 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. Stockholders of record on Friday, February 14th will be paid 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 dividend yield of 4.20%. The ex-dividend date is Friday, February 14th.

Nuveen Select Tax-Free Income Portfolio has increased its dividend payment by an average of 3.8% per year over the last three years.

Nuveen Select Tax-Free Income Portfolio Stock Performance

Shares of NXP stock traded down $0.03 during midday trading on Tuesday, hitting $14.87. 118,393 shares of the company were exchanged, compared to its average volume of 86,645. Nuveen Select Tax-Free Income Portfolio has a 52 week low of $13.79 and a 52 week high of $15.25. The firm’s 50 day moving average price is $14.85 and its two-hundred day moving average price is $14.85.

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.