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

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN - Get Free Report) declared a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.042 per share on Tuesday, July 1st. This represents a $0.50 annualized dividend and a dividend yield of 4.42%. The ex-dividend date is Friday, June 13th.

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

Nuveen New York Select Tax-Free Income Portfolio Stock Down 0.3%

Shares of NXN stock traded down $0.04 during trading on Friday, reaching $11.40. 2,966 shares of the company's stock were exchanged, compared to its average volume of 11,091. Nuveen New York Select Tax-Free Income Portfolio has a twelve month low of $10.98 and a twelve month high of $12.40. The firm's fifty day moving average price is $11.51 and its 200-day moving average price is $11.63.

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.