Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, Nuveen New York Select Tax-Free Income Portfolio (NXN - Get Report) NXN will trade ex-dividend, for its monthly dividend of $0.0525, payable on 5/1/13. As a percentage of NXN's recent stock price of $14.85, this dividend works out to approximately 0.35%.

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

NXN+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 NXN is likely to continue, and whether the current estimated yield of 4.24% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Nuveen New York Select Tax-Free Income Portfolio shares are currently up about 0.5% on the day.

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