Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) Declares Monthly Dividend of $0.07

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Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.0682 per share on Tuesday, December 31st. This represents a $0.82 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date of this dividend is Thursday, December 12th. This is a positive change from Nuveen AMT-Free Municipal Credit Income’s previous monthly dividend of $0.05.

Shares of NYSE NVG traded up $0.01 during trading on Wednesday, hitting $16.22. The company had a trading volume of 339,386 shares, compared to its average volume of 375,581. Nuveen AMT-Free Municipal Credit Income has a 52 week low of $13.35 and a 52 week high of $17.02. The business’s 50-day moving average is $16.33 and its 200 day moving average is $16.26.

Nuveen AMT-Free Municipal Credit Income 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.

Further Reading: 52 Week Highs and Lows

Dividend History for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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