Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Friday, February 1st, Zacks reports. Stockholders of record on Friday, February 15th will be paid a dividend of 0.101 per share by the investment management company on Friday, March 1st. This represents a $1.21 annualized dividend and a dividend yield of 15.80%. The ex-dividend date is Thursday, February 14th. This is an increase from Nuveen Credit Strategies Income Fund’s previous monthly dividend of $0.04.
Nuveen Credit Strategies Income Fund has decreased its dividend payment by an average of 3.5% annually over the last three years.
Shares of JQC stock traded down $0.04 during trading on Friday, reaching $7.67. The company had a trading volume of 285,729 shares, compared to its average volume of 919,537. Nuveen Credit Strategies Income Fund has a one year low of $6.98 and a one year high of $8.15.
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.
See Also: Current Ratio
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