Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) Plans Monthly Dividend of $0.07
Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) declared a monthly dividend on Wednesday, October 2nd, Zacks reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.065 per share on Friday, November 1st. This represents a $0.78 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date of this dividend is Friday, October 11th.
Nuveen AMT-Free Municipal Credit Income has raised its dividend payment by an average of 6.0% per year over the last three years.
NYSE:NVG traded up $0.01 on Thursday, reaching $16.85. The stock had a trading volume of 1,840 shares, compared to its average volume of 378,326. Nuveen AMT-Free Municipal Credit Income has a 1-year low of $13.30 and a 1-year high of $16.97. The stock has a fifty day moving average price of $16.60 and a 200-day moving average price of $15.89.
About Nuveen AMT-Free Municipal Credit Income
Nuveen AMT-Free Municipal Credit Income 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 in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years.
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