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

Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.054 per share by the investment management company on Tuesday, December 31st. This represents a $0.65 annualized dividend and a dividend yield of 11.01%. The ex-dividend date of this dividend is Friday, December 13th.

Nuveen Credit Strategies Income Fund has increased its dividend payment by an average of 19.1% annually over the last three years.

Nuveen Credit Strategies Income Fund Trading Up 0.4 %

Nuveen Credit Strategies Income Fund stock traded up $0.02 during midday trading on Tuesday, reaching $5.89. 513,747 shares of the stock traded hands, compared to its average volume of 602,972. Nuveen Credit Strategies Income Fund has a fifty-two week low of $5.05 and a fifty-two week high of $5.91. The firm has a fifty day moving average price of $5.75 and a two-hundred day moving average price of $5.69.

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.