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

Posted by Grant Hamersma on Dec 3rd, 2024

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG – Get Free Report) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.079 per share on Tuesday, December 31st. This represents a $0.95 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date of this dividend is Friday, December 13th.

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 Performance

Nuveen AMT-Free Municipal Credit Income Fund stock remained flat at $13.25 during midday trading on Tuesday. 395,335 shares of the company’s stock traded hands, compared to its average volume of 560,630. Nuveen AMT-Free Municipal Credit Income Fund has a 12-month low of $11.36 and a 12-month high of $13.56. The business’s 50 day simple moving average is $13.03 and its 200-day simple moving average is $12.73.

Insider Activity at Nuveen AMT-Free Municipal Credit Income Fund

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

Nuveen AMT-Free Municipal Credit Income Fund Company Profile

(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.