Nuveen Select Tax Free Income Portfolio III (NYSE:NXR) Announces Monthly Dividend of $0.04

Nuveen Select Tax Free Income Portfolio III (NYSE:NXR) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be paid a dividend of 0.0435 per share by the investment management company on Friday, December 1st. This represents a $0.52 annualized dividend and a yield of 3.45%. The ex-dividend date is Tuesday, November 14th. This is a positive change from Nuveen Select Tax Free Income Portfolio III’s previous monthly dividend of $0.04.

Nuveen Select Tax Free Income Portfolio III has decreased its dividend payment by an average of 5.4% annually over the last three years.

Shares of Nuveen Select Tax Free Income Portfolio III (NXR) opened at $15.15 on Friday. Nuveen Select Tax Free Income Portfolio III has a fifty-two week low of $13.73 and a fifty-two week high of $15.67.

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Separately, Desjardins reaffirmed a “buy” rating on shares of Nuveen Select Tax Free Income Portfolio III in a research report on Monday, July 24th.

About Nuveen Select Tax Free Income Portfolio III

Nuveen Select Tax-Free Income Portfolio 3 is a diversified closed-end management investment company. The Fund’s investment objective is that it seeks to provide current income and stable dividends, exempt from regular federal and designated state income taxes, where applicable, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations.

Dividend History for Nuveen Select Tax Free Income Portfolio III (NYSE:NXR)

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