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

Posted by KOP Source Staff on Nov 14th, 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 yield of 7.32%. The ex-dividend date of this dividend is Friday, November 15th.

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

Nuveen AMT-Free Municipal Credit Income Fund Stock Performance

NVG stock traded up $0.14 during midday trading on Thursday, reaching $12.96. The company had a trading volume of 718,744 shares, compared to its average volume of 565,302. The stock has a 50 day moving average price of $13.11 and a 200 day moving average price of $12.62. Nuveen AMT-Free Municipal Credit Income Fund has a fifty-two week low of $10.75 and a fifty-two week high of $13.56.

Insider Activity at Nuveen AMT-Free Municipal Credit Income Fund

In related news, VP David J. Lamb bought 3,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were 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 of the company’s stock, valued at approximately $37,320. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

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.