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 Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid 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 Stock Down 0.2 %

NYSE:NVG opened at $12.38 on Wednesday. Nuveen AMT-Free Municipal Credit Income Fund has a 52 week low of $9.68 and a 52 week high of $12.54. The firm’s 50-day simple moving average is $12.03 and its 200 day simple moving average is $11.92.

Nuveen AMT-Free Municipal Credit Income Fund Company Profile

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.