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

Nuveen New York Select Tax-Free Income Portfolio (NYSE:NXN) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.042 per share on Monday, March 3rd. This represents a $0.50 annualized dividend and a yield of 4.32%. The ex-dividend date is Friday, February 14th.

Nuveen New York Select Tax-Free Income Portfolio has raised its dividend by an average of 5.9% per year over the last three years.

Nuveen New York Select Tax-Free Income Portfolio Price Performance

NYSE:NXN traded up $0.08 during trading hours on Tuesday, hitting $11.68. 14,395 shares of the company traded hands, compared to its average volume of 13,922. The firm’s 50-day simple moving average is $11.62 and its 200-day simple moving average is $11.82. Nuveen New York Select Tax-Free Income Portfolio has a one year low of $10.98 and a one year 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.