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

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.041 per share on Monday, June 3rd. This represents a $0.49 annualized dividend and a dividend yield of 4.20%. The ex-dividend date of this dividend is Tuesday, May 14th.

Nuveen New York Select Tax-Free Income Portfolio has raised its dividend by an average of 0.7% per year over the last three years.

Nuveen New York Select Tax-Free Income Portfolio Stock Performance

Nuveen New York Select Tax-Free Income Portfolio stock traded up $0.02 during trading on Friday, reaching $11.71. 1,858 shares of the company were exchanged, compared to its average volume of 8,947. Nuveen New York Select Tax-Free Income Portfolio has a 52-week low of $10.64 and a 52-week high of $12.45. The stock’s 50 day simple moving average is $11.64 and its two-hundred day simple moving average is $11.57.

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.