Nuveen California Select Tax-Free Income Portfolio Dividend Insights: Important Details Before Ex-Dividend Date Aug 15, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, Aug 11, 2025 7:26 pm ET1min read
NXC--
Aime RobotAime Summary

- Nuveen California Select Tax-Free Income Portfolio (NXC) declared a $0.046/share dividend, payable Sept 2, 2025, with an ex-dividend date of Aug 15, 2025.

- The payout, slightly below its 10-year average of $0.050/share, coincides with a 0.65% stock price decline to $12.80 amid market adjustments.

- Proposed reorganizations and strategic shifts in private credit opportunities highlight evolving portfolio management priorities for Nuveen.

- Investors must purchase shares by Aug 15 to qualify for the cash distribution, emphasizing the ex-dividend date's critical role in dividend eligibility.

Nuveen California Select Tax-Free Income Portfolio (NXC) has announced a dividend of $0.046 per share for shareholders, with the announcement made on Aug 1, 2025. The ex-dividend date is set for Aug 15, 2025, and the dividend will be payable on Sept 2, 2025. The current dividend per share is slightly lower than the average of the last ten dividends, which stands at $0.050. The dividend type is cash distribution. The company last issued a dividend on Aug 1, 2025, at the same rate of $0.046 per share, also categorized as a cash distribution.

Recently, NuveenSPXX-- California Select Tax-Free Income Portfolio (NXC) declared a monthly dividend of $0.046 per share with a forward yield of 4.25%. This dividend is payable on Sept 2, 2025, to shareholders who hold the stock by the ex-dividend date. Over the past week, analysts have noted a slight decrease in NXC's stock price, which fell by 0.65%, closing at $12.80. This decline is significant as it reflects the market's response to the recent dividend announcement. Additionally, recent reports suggest that Nuveen Select Tax-Free Income Portfolios have announced proposed reorganizations and updates regarding shareholder meetings, indicating potential strategic shifts within the company. As of late, there have been discussions on the expanding opportunities in private credit and its implications for client portfolios, highlighting the importance of adapting investment strategies to current market dynamics.

In conclusion, investors should be aware that the ex-dividend date for Nuveen California Select Tax-Free Income Portfolio (NXC) is Aug 15, 2025. This date marks the last opportunity for investors to purchase the company's stock and receive the upcoming dividend. Any purchases made after this date will not qualify for the dividend distribution.

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