Nuveen Credit Strategies Income Fund (NYSE:JQC) Declares $0.05 Monthly Dividend

Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.054 per share by the investment management company on Monday, December 2nd. This represents a $0.65 dividend on an annualized basis and a yield of 11.21%. The ex-dividend date is Friday, November 15th.

Nuveen Credit Strategies Income Fund has increased its dividend by an average of 19.1% per year over the last three years.

Nuveen Credit Strategies Income Fund Price Performance

NYSE:JQC traded down $0.01 during trading hours on Wednesday, hitting $5.78. 197,023 shares of the stock traded hands, compared to its average volume of 610,613. The firm has a 50 day moving average price of $5.75 and a 200 day moving average price of $5.68. Nuveen Credit Strategies Income Fund has a fifty-two week low of $4.98 and a fifty-two week high of $5.91.

Nuveen Credit Strategies Income Fund Company Profile

Nuveen Credit Strategies Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc The fund is managed by Symphony Asset Management, LLC. It invests in the fixed income and public equity markets of the United States. The fund invests in senior secured and second lien loans, preferred securities, convertible securities and related instruments.