Nuveen New York Select Tax-Free Income Portfolio (NXN) to Issue Monthly Dividend of $0.04 on April 1st

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXNGet Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.042 per share on Tuesday, April 1st. This represents a $0.50 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Friday, March 14th.

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

Nuveen New York Select Tax-Free Income Portfolio Price Performance

NXN stock opened at $11.74 on Wednesday. The firm has a 50 day simple moving average of $11.67 and a 200 day simple moving average of $11.83. Nuveen New York Select Tax-Free Income Portfolio has a 12 month low of $10.98 and a 12 month high of $12.40.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

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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.

Further Reading

Dividend History for Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN)

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