Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Monday, December 3rd, NASDAQ reports. Investors of record on Friday, December 14th will be paid 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 dividend yield of 6.10%. The ex-dividend date is Thursday, December 13th.
Nuveen Credit Strategies Income Fund has increased its dividend by an average of 2.2% per year over the last three years.
Shares of NYSE:JQC traded down $0.06 during midday trading on Friday, hitting $7.48. 783,806 shares of the stock were exchanged, compared to its average volume of 477,397. Nuveen Credit Strategies Income Fund has a 52-week low of $7.47 and a 52-week high of $8.35.
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About Nuveen Credit Strategies Income Fund
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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