Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN) announced a monthly dividend on Wednesday, June 5th, Wall Street Journal reports. Investors of record on Friday, June 14th will be paid a dividend of 0.0395 per share on Monday, July 1st. This represents a $0.47 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend is Thursday, June 13th.
Nuveen NY Select Tax-Free Income Portfol has decreased its dividend by an average of 0.1% annually over the last three years.
Shares of NYSE NXN traded up $0.11 during midday trading on Friday, hitting $13.48. The company had a trading volume of 10,100 shares, compared to its average volume of 4,915. The firm has a 50-day simple moving average of $13.62. Nuveen NY Select Tax-Free Income Portfol has a twelve month low of $12.26 and a twelve month high of $14.00.
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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