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, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.079 per share on Thursday, May 1st. This represents a $0.95 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date is Tuesday, April 15th.

Nuveen AMT-Free Municipal Credit Income Fund has decreased its dividend by an average of 0.6% annually over the last three years.

Nuveen AMT-Free Municipal Credit Income Fund Stock Performance

Shares of NVG traded up $0.02 on Thursday, reaching $12.44. The company’s stock had a trading volume of 402,476 shares, compared to its average volume of 567,296. Nuveen AMT-Free Municipal Credit Income Fund has a 12-month low of $11.51 and a 12-month high of $13.56. The stock’s 50 day simple moving average is $12.57 and its two-hundred day simple moving average is $12.75.

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.