Nuveen NY Select Tax-Free Income Portfol (NXN) to Issue Monthly Dividend of $0.04 on February 1st

Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be paid a dividend of 0.042 per share on Thursday, February 1st. This represents a $0.50 annualized dividend and a yield of 3.61%. The ex-dividend date is Thursday, January 11th.

Nuveen NY Select Tax-Free Income Portfol has decreased its dividend by an average of 2.2% annually over the last three years.

Nuveen NY Select Tax-Free Income Portfol (NYSE:NXN) opened at $13.95 on Friday. Nuveen NY Select Tax-Free Income Portfol has a twelve month low of $13.16 and a twelve month high of $14.37.

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About Nuveen NY Select Tax-Free Income Portfol

Nuveen New York Select Tax-Free Income Portfolio (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from regular federal, and New York State and New York City income tax consistent with the preservation of capital. The Fund invests in municipal securities that are exempt from federal, New York state, and New York City income taxes.

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