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

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.079 per share on Monday, February 3rd. This represents a $0.95 annualized dividend and a dividend yield of 7.59%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen AMT-Free Municipal Credit Income Fund has decreased its dividend by an average of 15.7% annually over the last three years.

Nuveen AMT-Free Municipal Credit Income Fund Stock Up 0.4 %

Nuveen AMT-Free Municipal Credit Income Fund stock traded up $0.05 during trading hours on Friday, hitting $12.49. The company had a trading volume of 485,146 shares, compared to its average volume of 490,123. The firm has a 50-day moving average of $12.71 and a 200 day moving average of $12.81. Nuveen AMT-Free Municipal Credit Income Fund has a one year low of $11.36 and a one year high of $13.56.

Insider Transactions at Nuveen AMT-Free Municipal Credit Income Fund

In other news, VP David J. Lamb acquired 3,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were purchased at an average cost 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 $37,320. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

About Nuveen AMT-Free Municipal Credit Income Fund

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.