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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.079 per share on Monday, February 3rd. This represents a $0.95 dividend on an annualized basis and a dividend yield of 7.59%. The ex-dividend date is Wednesday, January 15th.

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

Nuveen AMT-Free Municipal Credit Income Fund Stock Up 0.4 %

Shares of NYSE:NVG opened at $12.49 on Friday. Nuveen AMT-Free Municipal Credit Income Fund has a 12 month low of $11.36 and a 12 month high of $13.56. The company has a 50-day moving average price of $12.71 and a 200 day moving average price of $12.81.

Insider Activity

In other Nuveen AMT-Free Municipal Credit Income Fund news, VP David J. Lamb acquired 3,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were bought at an average price of $12.44 per share, with a total value of $37,320.00. Following the transaction, the vice president now directly owns 3,000 shares of the company’s stock, valued at $37,320. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

About Nuveen AMT-Free Municipal Credit Income Fund

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.