Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Friday, September 13th will be paid a dividend of 0.065 per share on Tuesday, October 1st. This represents a $0.78 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend is Thursday, September 12th.
Nuveen AMT-Free Municipal Credit Income has raised its dividend by an average of 6.0% annually over the last three years.
NVG traded down $0.13 on Thursday, hitting $16.78. 45,593 shares of the company’s stock traded hands, compared to its average volume of 370,589. The company’s 50 day simple moving average is $16.50 and its 200-day simple moving average is $15.64. Nuveen AMT-Free Municipal Credit Income has a one year low of $13.30 and a one year high of $16.94.
In related news, insider Gifford R. Zimmerman sold 1,957 shares of Nuveen AMT-Free Municipal Credit Income stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $16.79, for a total transaction of $32,858.03. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
About Nuveen AMT-Free Municipal Credit Income
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.
Featured Article: CBOE Russell 2000® Volatility Index
Receive News & Ratings for Nuveen AMT-Free Municipal Credit Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen AMT-Free Municipal Credit Income and related companies with MarketBeat.com's FREE daily email newsletter.