Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 15th will be given a dividend of 0.0475 per share by the investment management company on Friday, December 29th. This represents a $0.57 annualized dividend and a dividend yield of 6.93%. The ex-dividend date of this dividend is Thursday, December 14th.
Nuveen Credit Strategies Income Fund has decreased its dividend payment by an average of 6.3% annually over the last three years.
Nuveen Credit Strategies Income Fund (NYSE JQC) traded up $0.02 during mid-day trading on Monday, hitting $8.22. 709,576 shares of the company traded hands, compared to its average volume of 418,478. Nuveen Credit Strategies Income Fund has a 52 week low of $8.00 and a 52 week high of $9.06.
Nuveen Credit Strategies Income Fund Company Profile
Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. The Fund’s investment objectives are high current income and total return. The Fund meets its investment objectives by investing approximately 70% of its managed assets in senior secured and second lien loans, and up to 30% of its managed assets across the capital structure of companies (including equity securities) with a primary focus on high yield bonds, convertible securities and other forms of income-producing securities.
What are top analysts saying about Nuveen Credit Strategies Income Fund? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Nuveen Credit Strategies Income Fund and related companies.