Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Monday, February 5th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.0475 per share by the investment management company on Thursday, March 1st. This represents a $0.57 annualized dividend and a dividend yield of 7.05%. The ex-dividend date is Wednesday, February 14th.
Nuveen Credit Strategies Income Fund has raised its dividend by an average of 2.2% per year over the last three years.
Nuveen Credit Strategies Income Fund (NYSE JQC) opened at $8.08 on Tuesday. Nuveen Credit Strategies Income Fund has a one year low of $7.95 and a one year high of $9.06.
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About Nuveen Credit Strategies Income Fund
Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. The Fund’s investment objectives are high current income and total return. The Fund meets its investment objectives by investing approximately 70% of its managed assets in senior secured and second lien loans, and up to 30% of its managed assets across the capital structure of companies (including equity securities) with a primary focus on high yield bonds, convertible securities and other forms of income-producing securities.
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