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

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 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Friday, November 15th.

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

Nuveen New York Select Tax-Free Income Portfolio Stock Up 0.1 %

NYSE:NXN opened at $11.97 on Thursday. The firm’s 50 day moving average is $12.06 and its two-hundred day moving average is $11.84. Nuveen New York Select Tax-Free Income Portfolio has a fifty-two week low of $11.04 and a fifty-two week 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.