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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.079 per share on Monday, December 2nd. This represents a $0.95 annualized dividend and a yield of 7.35%. The ex-dividend date 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 Up 0.7 %

NYSE NVG traded up $0.09 during midday trading on Wednesday, hitting $12.90. 414,713 shares of the company traded hands, compared to its average volume of 563,865. Nuveen AMT-Free Municipal Credit Income Fund has a 52 week low of $10.75 and a 52 week high of $13.56. The company’s 50-day simple moving average is $13.11 and its 200-day simple moving average is $12.62.

Insider Buying and Selling

In related news, VP David J. Lamb bought 3,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were bought at an average price of $12.44 per share, for a total transaction of $37,320.00. Following the completion of the purchase, the vice president now directly owns 3,000 shares of the company’s stock, valued at approximately $37,320. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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.