Nuveen Select Tax Free: Dividend Insights
Portfolio Pulse from Benzinga Insights
Nuveen Select Tax Free (NYSE:NXP) has announced a monthly dividend of 4.85 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders who own NXP as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on November 01, 2023.
October 09, 2023 | 2:45 pm
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Nuveen Select Tax Free (NYSE:NXP) has announced a monthly dividend of 4.85 cents per share. This could lead to a short-term decrease in the stock price as it goes ex-dividend.
When a company announces a dividend, the stock price typically decreases by approximately the amount of the dividend on the ex-dividend date. In this case, NXP has announced a dividend of 4.85 cents per share, which could lead to a short-term decrease in the stock price.
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