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

Posted by Paula Ricardo on Nov 13th, 2024

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.079 per share on Monday, December 2nd. This represents a $0.95 annualized dividend and a dividend yield of 7.32%. The ex-dividend date is Friday, November 15th.

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

Nuveen AMT-Free Municipal Credit Income Fund Stock Up 1.1 %

NYSE:NVG traded up $0.14 during trading hours on Wednesday, reaching $12.95. 367,609 shares of the company traded hands, compared to its average volume of 563,704. Nuveen AMT-Free Municipal Credit Income Fund has a 1 year low of $10.75 and a 1 year high of $13.56. The business’s 50-day moving average price is $13.11 and its two-hundred day moving average price is $12.62.

Insider Activity at Nuveen AMT-Free Municipal Credit Income Fund

In other news, VP David J. Lamb acquired 3,000 shares of Nuveen AMT-Free Municipal Credit Income Fund stock in a transaction that occurred on Wednesday, November 6th. The stock was bought at an average price of $12.44 per share, for a total transaction of $37,320.00. Following the completion of the transaction, the vice president now owns 3,000 shares in the company, valued at $37,320. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

About Nuveen AMT-Free Municipal Credit Income Fund

(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.