NXP Ex-Dividend Reminder - 4/11/13

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen Select Tax-Free Income Portfolio (NXP) NXP will trade ex-dividend, for its monthly dividend of $0.0525, payable on 5/1/13. As a percentage of NXP's recent stock price of $14.61, this dividend works out to approximately 0.36%.

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Below is a dividend history chart for NXP, showing historical dividends prior to the most recent $0.0525 declared by Nuveen Select Tax-Free Income Portfolio:

NXP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NXP is likely to continue, and whether the current estimated yield of 4.31% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen Select Tax-Free Income Portfolio shares are currently up about 0.3% on the day.

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