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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) declared 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 is Friday, February 14th.

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

Nuveen AMT-Free Municipal Credit Income Fund Stock Performance

Shares of NVG traded down $0.06 on Tuesday, reaching $12.62. 650,283 shares of the stock traded hands, compared to its average volume of 532,595. The stock’s 50-day moving average price is $12.56 and its 200-day moving average price is $12.82. Nuveen AMT-Free Municipal Credit Income Fund has a 12 month low of $11.51 and a 12 month high of $13.56.

Insider Activity

In related news, VP David J. Lamb bought 3,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average cost of $12.44 per share, with a total value of $37,320.00. Following the acquisition, the vice president now owns 3,000 shares in the company, valued at approximately $37,320. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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.