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

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXNGet Free Report) announced a monthly dividend on Thursday, February 1st, NASDAQ reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.041 per share on Friday, March 1st. This represents a $0.49 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Wednesday, February 14th.

Nuveen New York Select Tax-Free Income Portfolio Trading Down 0.9 %

NYSE NXN traded down $0.10 during trading hours on Friday, reaching $12.10. 4,050 shares of the stock traded hands, compared to its average volume of 5,544. The stock has a 50 day simple moving average of $11.71 and a two-hundred day simple moving average of $11.62. Nuveen New York Select Tax-Free Income Portfolio has a 1 year low of $10.64 and a 1 year high of $12.45.

Institutional Investors Weigh In On Nuveen New York Select Tax-Free Income Portfolio

A number of large investors have recently added to or reduced their stakes in NXN. Bank of America Corp DE grew its stake in shares of Nuveen New York Select Tax-Free Income Portfolio by 68.0% during the fourth quarter. Bank of America Corp DE now owns 23,530 shares of the company’s stock valued at $273,000 after buying an additional 9,522 shares during the last quarter. Guggenheim Capital LLC grew its stake in shares of Nuveen New York Select Tax-Free Income Portfolio by 80.8% during the third quarter. Guggenheim Capital LLC now owns 19,147 shares of the company’s stock valued at $212,000 after buying an additional 8,554 shares during the last quarter. Stifel Financial Corp grew its stake in shares of Nuveen New York Select Tax-Free Income Portfolio by 25.3% during the first quarter. Stifel Financial Corp now owns 14,662 shares of the company’s stock valued at $177,000 after buying an additional 2,958 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Nuveen New York Select Tax-Free Income Portfolio by 10.0% during the third quarter. Commonwealth Equity Services LLC now owns 14,548 shares of the company’s stock valued at $161,000 after buying an additional 1,327 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of Nuveen New York Select Tax-Free Income Portfolio by 10.9% during the third quarter. UBS Group AG now owns 13,517 shares of the company’s stock valued at $149,000 after buying an additional 1,326 shares during the last quarter.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

(Get Free Report)

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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Dividend History for Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN)

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