Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) Plans $0.08 Monthly Dividend

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.079 per share on Thursday, May 1st. This represents a $0.95 dividend on an annualized basis and a dividend yield of 7.62%. The ex-dividend date of this dividend is Tuesday, April 15th.

Nuveen AMT-Free Municipal Credit Income Fund has decreased its dividend payment by an average of 0.6% annually over the last three years.

Nuveen AMT-Free Municipal Credit Income Fund Stock Up 0.1 %

Shares of NVG traded up $0.02 during trading hours on Thursday, reaching $12.44. 402,476 shares of the stock traded hands, compared to its average volume of 567,296. Nuveen AMT-Free Municipal Credit Income Fund has a 52-week low of $11.51 and a 52-week high of $13.56. The company’s 50-day moving average price is $12.57 and its two-hundred day moving average price is $12.75.

Nuveen AMT-Free Municipal Credit Income Fund Company Profile

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.