Nuveen Credit Strategies (NYSE:JQC) announced a monthly dividend on Tuesday, April 3rd, Wall Street Journal reports. Investors of record on Friday, April 13th will be given a dividend of 0.041 per share by the investment management company on Tuesday, May 1st. This represents a $0.49 annualized dividend and a yield of 6.22%. The ex-dividend date of this dividend is Thursday, April 12th.
Nuveen Credit Strategies has increased its dividend by an average of 2.2% per year over the last three years.
NYSE:JQC opened at $7.91 on Friday. Nuveen Credit Strategies has a 1-year low of $7.90 and a 1-year high of $8.92.
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Nuveen Credit Strategies Company Profile
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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