Nuveen Select Tax-Free Income Portfolio: Key Dividend Details and Recent Updates Before Jun 13, 2025

Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) has announced a monthly dividend of $0.052 per share, payable on Jul 1, 2025, with an ex-dividend date set for Jun 13, 2025. This amount is slightly lower than the average of the last ten dividends per share, which stands at $0.054. The dividend type, translated from Chinese, indicates cash distribution. The last dividend issued by the company was on Jun 2, 2025, also amounting to $0.052 per share, with the same cash distribution type.

Recently, Nuveen Select Tax-Free Income Portfolio declared a monthly dividend, effective for investors of record on Jun 13, 2025. Over the past week, Hennion & Walsh Asset Management Inc. increased its holdings in the company by 9.7% during the first quarter, suggesting a growing confidence in its performance. Analysts have been debating the company's dividend history and current yield, reflecting its historical dividend performance and the implications for future distributions.

In recent developments, the Nuveen Quality Municipal Income Fund has been predicted to outperform unlevered funds in a declining rate environment, highlighting the potential strategic advantage of the Nuveen Select Tax-Free Income Portfolio. This aligns with broader market trends, where municipal income funds are becoming increasingly attractive to investors seeking stable returns. As of late, Nuveen's strategic decisions are being closely monitored by market analysts, who are assessing the impact on its operations and market performance.

As the ex-dividend date of Jun 13, 2025, approaches, investors should be aware that this is the last day to purchase shares and qualify for the upcoming dividend payout. Any acquisitions post this date will not be eligible for the dividend distribution scheduled for Jul 1, 2025.