Nuveen Credit Strategies Income Fund (NYSE:JQC – Get Free Report) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.054 per share by the investment management company on Monday, February 3rd. This represents a $0.65 dividend on an annualized basis and a dividend yield of 11.37%. The ex-dividend date of this dividend is Wednesday, January 15th.
Nuveen Credit Strategies Income Fund has raised its dividend by an average of 28.9% annually over the last three years.
Nuveen Credit Strategies Income Fund Stock Down 0.3 %
NYSE JQC opened at $5.70 on Monday. The company has a fifty day moving average of $5.79 and a 200-day moving average of $5.73. Nuveen Credit Strategies Income Fund has a 52-week low of $5.17 and a 52-week high of $5.94.
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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