Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0275 per share on Tuesday, April 1st. This represents a $0.33 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date is Friday, March 14th.
Nuveen Select Maturities Municipal Fund has raised its dividend payment by an average of 8.5% annually over the last three years.
Nuveen Select Maturities Municipal Fund Trading Down 1.5 %
Shares of NIM traded down $0.14 during mid-day trading on Tuesday, reaching $9.14. The company had a trading volume of 45,202 shares, compared to its average volume of 37,015. The company’s 50 day simple moving average is $8.95 and its 200 day simple moving average is $9.08. Nuveen Select Maturities Municipal Fund has a 1-year low of $8.60 and a 1-year high of $9.49.
About Nuveen Select Maturities Municipal Fund
Nuveen Select Maturities Municipal Fund 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 the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.
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