Nuveen New York Select Tax-Free Income Portfolio (NXN) To Go Ex-Dividend on June 14th

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) declared a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Investors of record on Friday, June 14th will be paid a dividend of 0.041 per share on Monday, July 1st. This represents a $0.49 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date is Friday, June 14th.

Nuveen New York Select Tax-Free Income Portfolio has increased its dividend payment by an average of 0.7% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Nuveen New York Select Tax-Free Income Portfolio Stock Performance

NYSE NXN traded up $0.04 on Wednesday, reaching $11.74. The company had a trading volume of 19,003 shares, compared to its average volume of 8,931. Nuveen New York Select Tax-Free Income Portfolio has a 12 month low of $10.64 and a 12 month high of $12.45. The firm’s 50 day moving average price is $11.67 and its 200 day moving average price is $11.68.

Nuveen New York Select Tax-Free Income Portfolio Company Profile

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.