Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN) Announces $0.04 Monthly Dividend

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Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.0395 per share on Tuesday, December 31st. This represents a $0.47 annualized dividend and a yield of 3.45%. The ex-dividend date is Thursday, December 12th.

Shares of NYSE NXN traded up $0.03 during mid-day trading on Wednesday, reaching $13.73. 3,615 shares of the company’s stock were exchanged, compared to its average volume of 4,549. Nuveen NY Select Tax-Free Income Portfol has a 52-week low of $12.51 and a 52-week high of $14.50. The company’s 50-day moving average is $13.95 and its 200-day moving average is $13.86.

About Nuveen NY Select Tax-Free Income Portfol

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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Dividend History for Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN)

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