Nuveen Sl Tfip to Issue Monthly Dividend of $0.05 (NYSE:NXP)

by · The Cerbat Gem

Nuveen Sl Tfip (NYSE:NXP – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0535 per share by the financial services provider on Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Sl Tfip Stock Up 0.3%

NXP opened at $14.35 on Thursday. Nuveen Sl Tfip has a fifty-two week low of $13.73 and a fifty-two week high of $14.65. The business has a 50-day moving average of $14.25 and a 200-day moving average of $14.26.

Hedge Funds Weigh In On Nuveen Sl Tfip

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NXP. Northwestern Mutual Wealth Management Co. grew its position in Nuveen Sl Tfip by 116.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,857 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 2,079 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Nuveen Sl Tfip during the 3rd quarter valued at $58,000. Bayban bought a new position in shares of Nuveen Sl Tfip during the 4th quarter valued at $62,000. International Assets Investment Management LLC acquired a new stake in shares of Nuveen Sl Tfip in the 4th quarter valued at $73,000. Finally, Hilltop Holdings Inc. acquired a new stake in shares of Nuveen Sl Tfip in the 1st quarter valued at $149,000. Institutional investors own 16.17% of the company’s stock.

Nuveen Sl Tfip Company Profile

(Get Free Report)

Nuveen Select Tax-Free Income Portfolio 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 invests in the investment-grade municipal securities rated Baa and BBB or better. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index and Lipper General and Insured Unleveraged Municipal Debt Funds Average.

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