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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.079 per share on Monday, February 3rd. This represents a $0.95 dividend on an annualized basis and a yield of 7.75%. The ex-dividend date is Wednesday, January 15th.

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

Nuveen AMT-Free Municipal Credit Income Fund Trading Down 0.7 %

Shares of NVG stock opened at $12.24 on Monday. The company’s fifty day moving average price is $12.68 and its two-hundred day moving average price is $12.82. Nuveen AMT-Free Municipal Credit Income Fund has a 12 month low of $11.36 and a 12 month high of $13.56.

Insider Transactions at Nuveen AMT-Free Municipal Credit Income Fund

In related news, VP David J. Lamb purchased 3,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average price of $12.44 per share, with a total value of $37,320.00. Following the completion of the transaction, the vice president now owns 3,000 shares of the company’s stock, valued at $37,320. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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.