Nuveen AMT-Free Municipal Credit Income Fund Plans Monthly Dividend of $0.08 (NYSE:NVG)

by · The Cerbat Gem

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG – Get Free Report) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.079 per share on Tuesday, December 31st. This represents a $0.95 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date is Friday, December 13th.

Nuveen AMT-Free Municipal Credit Income Fund has decreased its dividend payment by an average of 15.7% per year over the last three years.

Nuveen AMT-Free Municipal Credit Income Fund Stock Performance

NVG remained flat at $13.25 on Tuesday. 395,335 shares of the company’s stock traded hands, compared to its average volume of 560,630. The business has a fifty day moving average price of $13.03 and a two-hundred day moving average price of $12.73. Nuveen AMT-Free Municipal Credit Income Fund has a one year low of $11.36 and a one year high of $13.56.

Insider Buying and Selling at Nuveen AMT-Free Municipal Credit Income Fund

In related news, VP David J. Lamb acquired 3,000 shares of Nuveen AMT-Free Municipal Credit Income Fund stock in a transaction on Wednesday, November 6th. The shares were bought at an average price of $12.44 per share, for a total transaction of $37,320.00. Following the completion of the purchase, the vice president now directly owns 3,000 shares in the company, valued at $37,320. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Nuveen AMT-Free Municipal Credit Income Fund Company Profile

(Get Free Report)

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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