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. Investors 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 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date of this dividend is Friday, June 13th.
Nuveen New York Select Tax-Free Income Portfolio has raised its dividend by an average of 5.9% per year over the last three years.
Nuveen New York Select Tax-Free Income Portfolio Stock Performance
Shares of Nuveen New York Select Tax-Free Income Portfolio stock remained flat at $11.46 on Thursday. The stock had a trading volume of 15,995 shares, compared to its average volume of 11,081. The company has a fifty day moving average price of $11.52 and a 200 day moving average price of $11.63. Nuveen New York Select Tax-Free Income Portfolio has a 52 week low of $10.98 and a 52 week high of $12.40.
About Nuveen New York Select Tax-Free Income Portfolio
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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.
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