Nuveen New York Select Tax-Free Income Portfolio (NXN) to Issue Monthly Dividend of $0.04 on December 2nd

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.042 per share on Monday, December 2nd. This represents a $0.50 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend is Friday, November 15th.

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

Nuveen New York Select Tax-Free Income Portfolio Trading Down 0.1 %

Shares of Nuveen New York Select Tax-Free Income Portfolio stock traded down $0.01 during trading hours on Wednesday, reaching $11.94. The stock had a trading volume of 919 shares, compared to its average volume of 8,366. The stock’s 50 day moving average is $12.05 and its 200 day moving average is $11.84. Nuveen New York Select Tax-Free Income Portfolio has a twelve month low of $11.04 and a twelve month high of $12.40.

About Nuveen New York Select Tax-Free Income Portfolio

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.