Free Trial

Nuveen Select Maturities Municipal Fund (NYSE:NIM) Announces Monthly Dividend of $0.03

Nuveen Select Maturities Municipal Fund logo with Finance background

Key Points

  • Nuveen Select Maturities Municipal Fund announced a monthly dividend of $0.03, with the ex-dividend date set for October 15th and payment scheduled for November 3rd.
  • The fund currently has a yield of 3.8%, based on the announced dividend on an annualized basis.
  • As of the latest trading session, the fund's stock price is $9.26, reflecting a decrease of $0.04, with a 52-week range between $8.60 and $9.64.
  • MarketBeat previews top five stocks to own in November.

Nuveen Select Maturities Municipal Fund (NYSE:NIM - Get Free Report) announced a monthly dividend on Wednesday, October 1st. Investors of record on Wednesday, October 15th will be given a dividend of 0.029 per share on Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, October 15th.

Nuveen Select Maturities Municipal Fund Price Performance

NIM traded down $0.04 during trading on Thursday, reaching $9.26. 853 shares of the stock traded hands, compared to its average volume of 27,376. Nuveen Select Maturities Municipal Fund has a fifty-two week low of $8.60 and a fifty-two week high of $9.64. The stock's 50-day simple moving average is $9.19 and its two-hundred day simple moving average is $9.13.

About Nuveen Select Maturities Municipal Fund

(Get Free Report)

Nuveen Select Maturities Municipal Fund 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 the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.

Further Reading

Dividend History for Nuveen Select Maturities Municipal Fund (NYSE:NIM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Nuveen Select Maturities Municipal Fund Right Now?

Before you consider Nuveen Select Maturities Municipal Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuveen Select Maturities Municipal Fund wasn't on the list.

While Nuveen Select Maturities Municipal Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.