Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) declared a monthly dividend on Thursday, November 1st, NASDAQ reports. Shareholders of record on Thursday, November 15th will be paid a dividend of 0.065 per share on Monday, December 3rd. This represents a $0.78 annualized dividend and a yield of 5.68%. The ex-dividend date is Wednesday, November 14th.
Nuveen AMT-Free Municipal Credit Income has increased its dividend payment by an average of 2.2% per year over the last three years.
NVG traded down $0.01 during trading on Friday, hitting $13.74. The company’s stock had a trading volume of 364,213 shares, compared to its average volume of 411,295. Nuveen AMT-Free Municipal Credit Income has a 12 month low of $13.30 and a 12 month high of $15.70.
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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