Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Monday, December 3rd, NASDAQ reports. Shareholders of record on Friday, December 14th will be given a dividend of 0.038 per share by the investment management company on Monday, December 31st. This represents a $0.46 annualized dividend and a yield of 6.10%. The ex-dividend date of this dividend is Thursday, December 13th.
Nuveen Credit Strategies Income Fund has raised its dividend by an average of 2.2% annually over the last three years.
JQC traded down $0.06 during trading on Friday, hitting $7.48. 783,806 shares of the company’s stock were exchanged, compared to its average volume of 477,397. Nuveen Credit Strategies Income Fund has a 1 year low of $7.47 and a 1 year high of $8.35.
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Nuveen Credit Strategies Income Fund Company Profile
Nuveen Credit Strategies Income Fund is a closed-ended balanced mutual fund launched by Nuveen Investments, Inc The fund is managed by Symphony Asset Management, LLC. It invests in the fixed income and public equity markets of the United States. The fund invests in senior secured and second lien loans, preferred securities, convertible securities and related instruments.
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