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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.079 per share on Thursday, August 1st. This represents a $0.95 dividend on an annualized basis and a dividend yield of 7.66%. The ex-dividend date is Monday, July 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 Trading Down 0.2 %

Shares of NVG stock traded down $0.02 on Tuesday, reaching $12.38. The company’s stock had a trading volume of 563,057 shares, compared to its average volume of 510,527. Nuveen AMT-Free Municipal Credit Income Fund has a 12-month low of $9.68 and a 12-month high of $12.54. The stock’s 50 day simple moving average is $12.01 and its 200-day simple moving average is $11.91.

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.