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

Posted by William Tyler on Nov 13th, 2024

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG – Get Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders 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 7.35%. The ex-dividend date of this dividend is Friday, November 15th.

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

Nuveen AMT-Free Municipal Credit Income Fund Price Performance

NYSE NVG traded up $0.08 during trading hours on Wednesday, reaching $12.89. The stock had a trading volume of 426,454 shares, compared to its average volume of 563,971. Nuveen AMT-Free Municipal Credit Income Fund has a 52-week low of $10.75 and a 52-week high of $13.56. The stock has a fifty day moving average of $13.11 and a 200 day moving average of $12.62.

Insider Transactions at Nuveen AMT-Free Municipal Credit Income Fund

In related news, VP David J. Lamb acquired 3,000 shares of Nuveen AMT-Free Municipal Credit Income Fund stock in a transaction on Wednesday, November 6th. The stock was bought at an average cost 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 of the company’s stock, valued at approximately $37,320. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

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.