Dividend Insights: Nuveen Select Tax-Free Income Portfolio Ahead of Aug 15, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Monday, Aug 11, 2025 7:24 pm ET1min read
Aime RobotAime Summary

- Nuveen Select Tax-Free Income Portfolio (NXP) announced a $0.052/share dividend, payable on Sep 2, 2025, with an ex-dividend date of Aug 15, 2025.

- The payout slightly underperforms the 10-year average of $0.054/share, while 98 institutional shareholders highlight strong institutional interest.

- Comparative analysis shows abrdn Income Credit Strategies Fund outperforms NXP in 22 key metrics, including sales and profit growth.

- Market scrutiny of related funds like Nuveen Quality Muni Income Fund reflects broader trends impacting tax-free income portfolios.

Recently, NuveenSPXX-- Select Tax-Free Income Portfolio (NXP) announced its upcoming dividend details. The ex-dividend date is set for Aug 15, 2025, following its announcement on Aug 1, 2025. Shareholders will receive a cash dividend of $0.052 per share on Sep 2, 2025. This dividend is slightly lower than the average of the last ten dividends, which stands at approximately $0.054 per share. The last dividend, also in cash, was issued on Aug 1, 2025, with the same per-share amount of $0.052.

Over the past week, several developments have caught the attention of stakeholders in Nuveen Select Tax-Free Income Portfolio. Analysts have highlighted recent filings revealing that Nuveen Select Tax-Free Income Portfolio (US:NXP) has 98 institutional owners and shareholders who have filed forms with the Securities and Exchange Commission. This indicates strong institutional interest, potentially impacting market perceptions and investor confidence.

Additionally, market observers have noted comparisons between the Nuveen Select Tax-Free Income Portfolio and the abrdn Income Credit Strategies Fund. Over 22 key metrics, the latter outperformed NXPNXPI-- in areas such as sales and profit growth. This comparative analysis might influence investor sentiment as they reassess their portfolios.

Since the last update, the performance of related funds such as the Nuveen Quality Muni Income Fund has been under scrutiny. Observers have been closely watching day-to-day metrics of related stocks, which might offer insights into broader market trends affecting tax-free income portfolios.

In conclusion, Nuveen Select Tax-Free Income Portfolio has been active in various financial areas, reflecting both institutional interest and competitive pressures. As of Aug 15, 2025, investors should be aware that this date marks the last opportunity to purchase shares and be eligible for the upcoming dividend. Any acquisitions post this date will not qualify for the current dividend payout.

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