Nuveen Select Maturities Municipal Fund (NYSE:NIM) to Issue Monthly Dividend of $0.03

Nuveen Select Maturities Municipal Fund (NYSE:NIMGet Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.0275 per share on Tuesday, April 1st. This represents a $0.33 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date is Friday, March 14th.

Nuveen Select Maturities Municipal Fund has raised its dividend by an average of 8.5% per year over the last three years.

Nuveen Select Maturities Municipal Fund Stock Up 2.4 %

NYSE NIM opened at $9.35 on Wednesday. Nuveen Select Maturities Municipal Fund has a 12-month low of $8.60 and a 12-month high of $9.49. The firm’s fifty day simple moving average is $9.01 and its two-hundred day simple moving average is $9.08.

Nuveen Select Maturities Municipal Fund Company Profile

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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.

Further Reading

Dividend History for Nuveen Select Maturities Municipal Fund (NYSE:NIM)

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