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

Key Points

• Nuveen New York Select Tax-Free Income Portfolio has declared a monthly dividend of $0.04 per share, to be paid on October 1st to shareholders recorded as of September 15th, with an annualized yield of 4.3%.
• As of the latest trading session, shares of NXN are priced at $11.74, reflecting a slight decrease of $0.03, with the stock showing a 1-year range of $10.98 to $12.40.
• Nuveen Investments manages the Nuveen New York Select Tax-Free Income Portfolio, which primarily invests in fixed-income securities across various sectors in New York.

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN - Get Free Report) announced a monthly dividend on Wednesday, September 3rd, Wall Street Journal reports. Shareholders of record on Monday, September 15th will be paid a dividend of 0.042 per share on Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Monday, September 15th.

Nuveen New York Select Tax-Free Income Portfolio Price Performance

Shares of NYSE:NXN traded down $0.03 on Wednesday, hitting $11.74. The company had a trading volume of 2,684 shares, compared to its average volume of 11,144. The stock has a 50 day moving average price of $11.59 and a 200 day moving average price of $11.59. Nuveen New York Select Tax-Free Income Portfolio has a 1-year low of $10.98 and a 1-year high of $12.40.

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.

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