Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN – Get Free Report) announced a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.042 per share on Tuesday, July 1st. This represents a $0.50 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Friday, June 13th.
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 Down 0.5%
NXN opened at $11.48 on Wednesday. The stock’s 50 day moving average price is $11.53 and its two-hundred day moving average price is $11.63. Nuveen New York Select Tax-Free Income Portfolio has a 12-month low of $10.98 and a 12-month 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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