Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) to Issue $0.04 Monthly Dividend
Nuveen Select Tax-Free Incom Portfolio 3 (NYSE:NXR) declared a monthly dividend on Monday, June 1st, Zacks reports. Stockholders of record on Monday, June 15th will be paid a dividend of 0.043 per share by the investment management company on Wednesday, July 1st. This represents a $0.52 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Friday, June 12th.
Nuveen Select Tax-Free Incom Portfolio 3 has decreased its dividend by an average of 36.0% per year over the last three years.
NYSE NXR traded down $0.02 during trading hours on Wednesday, reaching $15.72. The company’s stock had a trading volume of 17,129 shares, compared to its average volume of 15,236. Nuveen Select Tax-Free Incom Portfolio 3 has a 1 year low of $12.99 and a 1 year high of $16.73. The firm’s 50-day moving average price is $15.32 and its 200-day moving average price is $15.84.
Nuveen Select Tax-Free Income Portfolio 3 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 United States. The fund seeks to invest in stocks of companies operating across the diversified sectors.
See Also: Net Income
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