Nuveen Select Maturities Municipal Fund (NYSE:NIM) Declares $0.06 Dividend

by · The Cerbat Gem

Nuveen Select Maturities Municipal Fund (NYSE:NIMGet Free Report) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.0623 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Select Maturities Municipal Fund has decreased its dividend payment by an average of 5.6% per year over the last three years.

Nuveen Select Maturities Municipal Fund Price Performance

NYSE NIM traded up $0.02 during mid-day trading on Tuesday, reaching $9.02. 35,476 shares of the company’s stock traded hands, compared to its average volume of 26,818. Nuveen Select Maturities Municipal Fund has a 1-year low of $8.64 and a 1-year high of $9.49. The company has a fifty day simple moving average of $9.14 and a 200-day simple moving average of $9.11.

About Nuveen Select Maturities Municipal Fund

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Nuveen Select Maturities Municipal Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests primarily in municipal securities rated Baa/BBB or better.

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