Nuveen New York Select Tax-Free Income Portfolio (NXN) to Issue Monthly Dividend of $0.04 on September 3rd

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.041 per share on Tuesday, September 3rd. This represents a $0.49 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date of this dividend is Thursday, August 15th.

Nuveen New York Select Tax-Free Income Portfolio has raised its dividend payment by an average of 0.7% annually over the last three years.

Nuveen New York Select Tax-Free Income Portfolio Price Performance

Shares of NXN traded down $0.01 on Friday, hitting $11.74. 12,651 shares of the stock traded hands, compared to its average volume of 7,751. Nuveen New York Select Tax-Free Income Portfolio has a one year low of $10.64 and a one year high of $12.37. The business has a 50 day simple moving average of $11.68 and a 200 day simple moving average of $11.70.

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.