Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.0275 per share on Monday, December 2nd. This represents a $0.33 annualized dividend and a yield of 3.65%. The ex-dividend date is Friday, November 15th.
Nuveen Select Maturities Municipal Fund has decreased its dividend payment by an average of 5.6% per year over the last three years.
Nuveen Select Maturities Municipal Fund Price Performance
Shares of NYSE NIM opened at $9.05 on Thursday. The business’s 50 day moving average price is $9.24 and its two-hundred day moving average price is $9.11. Nuveen Select Maturities Municipal Fund has a twelve month low of $8.58 and a twelve month high of $9.49.
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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