Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) Plans $0.04 Monthly Dividend

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.042 per share on Monday, March 3rd. This represents a $0.50 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Friday, February 14th.

Nuveen New York Select Tax-Free Income Portfolio has raised its dividend payment by an average of 5.9% per year over the last three years.

Nuveen New York Select Tax-Free Income Portfolio Stock Up 0.7 %

Shares of NXN stock traded up $0.08 on Tuesday, reaching $11.68. The company had a trading volume of 14,395 shares, compared to its average volume of 13,922. Nuveen New York Select Tax-Free Income Portfolio has a one year low of $10.98 and a one year high of $12.40. The business’s 50-day moving average is $11.62 and its 200 day moving average is $11.82.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

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.