Nuveen Credit Strategies Income Fund Declares Monthly Dividend of $0.05 (NYSE:JQC)

Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.054 per share by the investment management company on Tuesday, April 1st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 11.71%. The ex-dividend date of this dividend is Friday, March 14th.

Nuveen Credit Strategies Income Fund has raised its dividend by an average of 26.6% per year over the last three years.

Nuveen Credit Strategies Income Fund Stock Performance

NYSE JQC traded up $0.01 on Tuesday, reaching $5.54. The company’s stock had a trading volume of 925,941 shares, compared to its average volume of 602,119. Nuveen Credit Strategies Income Fund has a 52 week low of $5.30 and a 52 week high of $5.94. The business has a 50-day moving average price of $5.62 and a 200 day moving average price of $5.72.

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.