Dividend Details of Nuveen Select Maturities Municipal Fund: Key Insights Before Ex-Dividend Date Aug 15, 2025

Nuveen Select Maturities Municipal Fund (NIM) has announced its latest dividend details, with an ex-dividend date set for Aug 15, 2025. The dividend announcement was made on Aug 1, 2025, and shareholders of record will receive their payment on Sept 2, 2025. The dividend amount is $0.028 per share, slightly lower than the average of the last ten dividends, which stood at $0.033 per share. This dividend, classified as a cash dividend, aligns with the fund’s previous distribution, also released on Aug 1, 2025, and amounted to $0.028 per share, following the same cash dividend format.

Recently, Nuveen Select Maturities Municipal Fund has been under the spotlight due to significant changes in institutional investor activity. Over the past week, disclosures indicate that institutional investors have reduced their holdings by 69.66%, reflecting shifting market sentiments. Additionally, the fund has declared a monthly dividend of $0.030 per share, set to be paid on Sept 2nd, 2025, to stockholders of record. In recent trading, NIM shares experienced a minor decrease, dropping $0.02 and trading down by 0.2%, highlighting fluctuations in market performance. Such changes underscore the importance of monitoring market trends and investor behaviors as they could have implications for the fund’s future operations and stock performance.

In conclusion, investors looking to benefit from Nuveen Select Maturities Municipal Fund's dividends should pay attention to the upcoming ex-dividend date on Aug 15, 2025. This date marks the last opportunity for investors to purchase shares and be eligible for the current dividend payout. Any transactions completed after this date will not qualify for the dividend distribution this time around.