Nuveen Credit Strategies Income Fund (NYSE:JQC) to Issue Dividend Increase – $0.10 Per Share

Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.104 per share by the investment management company on Monday, July 1st. This represents a $1.25 annualized dividend and a yield of 16.02%. The ex-dividend date is Thursday, June 13th. This is a positive change from Nuveen Credit Strategies Income Fund’s previous monthly dividend of $0.05.

Nuveen Credit Strategies Income Fund has decreased its dividend payment by an average of 3.5% annually over the last three years.

Nuveen Credit Strategies Income Fund stock traded up $0.03 during mid-day trading on Friday, hitting $7.79. 551,418 shares of the stock were exchanged, compared to its average volume of 678,264. Nuveen Credit Strategies Income Fund has a 12 month low of $6.98 and a 12 month high of $8.12.

ILLEGAL ACTIVITY WARNING: “Nuveen Credit Strategies Income Fund (NYSE:JQC) to Issue Dividend Increase – $0.10 Per Share” was posted by WKRB News and is the property of of WKRB News. If you are reading this article on another domain, it was illegally copied and republished in violation of U.S. & international copyright laws. The legal version of this article can be accessed at https://www.wkrb13.com/2019/06/08/nuveen-credit-strategies-income-fund-nysejqc-to-issue-dividend-increase-0-10-per-share.html.

About Nuveen Credit Strategies Income Fund

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.

Read More: How to invest in a bear market

Dividend History for Nuveen Credit Strategies Income Fund (NYSE:JQC)

Receive News & Ratings for Nuveen Credit Strategies Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Credit Strategies Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.