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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.079 per share on Monday, March 3rd. This represents a $0.95 annualized dividend and a yield of 7.51%. The ex-dividend date of this dividend is Friday, February 14th.

Nuveen AMT-Free Municipal Credit Income Fund has decreased its dividend payment by an average of 0.6% per year over the last three years.

Nuveen AMT-Free Municipal Credit Income Fund Trading Down 0.4 %

Shares of Nuveen AMT-Free Municipal Credit Income Fund stock traded down $0.06 during trading hours on Tuesday, reaching $12.62. The company’s stock had a trading volume of 650,283 shares, compared to its average volume of 532,595. Nuveen AMT-Free Municipal Credit Income Fund has a one year low of $11.51 and a one year high of $13.56. The company’s 50 day simple moving average is $12.56 and its 200 day simple moving average is $12.82.

Insiders Place Their Bets

In other news, VP David J. Lamb acquired 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were acquired at an average price of $12.44 per share, with a total value of $37,320.00. Following the acquisition, the vice president now directly owns 3,000 shares in the company, valued at approximately $37,320. The trade was a ? increase in their ownership of the stock. The acquisition 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

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.