Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.0275 per share on Monday, March 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend is Friday, February 14th.
Nuveen Select Maturities Municipal Fund has raised its dividend payment by an average of 8.5% annually over the last three years.
Nuveen Select Maturities Municipal Fund Price Performance
NYSE NIM opened at $9.10 on Wednesday. Nuveen Select Maturities Municipal Fund has a fifty-two week low of $8.60 and a fifty-two week high of $9.49. The business has a fifty day moving average of $8.87 and a 200-day moving average of $9.08.
About Nuveen Select Maturities Municipal Fund
Nuveen Select Maturities Municipal Fund 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 the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.
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