Nuveen Select Maturities Municipal Fund (NYSE:NIM) Declares Monthly Dividend of $0.03

Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0290 per share on Monday, November 2nd. This represents a $0.35 annualized dividend and a yield of 4.0%. The ex-dividend date is Thursday, October 15th.

Nuveen Select Maturities Municipal Fund Price Performance

Shares of NYSE:NIM opened at $8.77 on Friday. The business’s 50 day moving average is $9.15 and its 200-day moving average is $9.29. Nuveen Select Maturities Municipal Fund has a 1-year low of $8.46 and a 1-year high of $9.94.

Nuveen Select Maturities Municipal Fund Company Profile

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Nuveen Select Maturities Municipal Fund is a closed-end fund listed on the New York Stock Exchange under the symbol NIM. The fund is managed by Nuveen, an asset manager specializing in investment solutions, and is designed to provide investors with exposure to the U.S. municipal bond market.

The fund invests primarily in municipal securities issued by states, municipalities and other public entities throughout the United States. These securities may help finance public infrastructure and services such as schools, transportation systems, utilities and hospitals.

Further Reading

Dividend History for Nuveen Select Maturities Municipal Fund (NYSE:NIM)

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