Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.065 per share on Thursday, August 1st. This represents a $0.78 annualized dividend and a dividend yield of 4.87%. The ex-dividend date is Friday, July 12th.
Nuveen AMT-Free Municipal Credit Income has increased its dividend payment by an average of 6.0% per year over the last three years.
Shares of NVG opened at $16.01 on Wednesday. The business has a 50 day moving average price of $15.77. Nuveen AMT-Free Municipal Credit Income has a 52 week low of $13.30 and a 52 week high of $16.09.
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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