Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Investors of record on Friday, July 14th will be paid a dividend of 0.0525 per share by the investment management company on Tuesday, August 1st. This represents a $0.63 dividend on an annualized basis and a yield of 7.39%. The ex-dividend date of this dividend is Wednesday, July 12th.

Nuveen Credit Strategies Income Fund has decreased its dividend by an average of 6.3% annually over the last three years.

Shares of Nuveen Credit Strategies Income Fund (NYSE:JQC) traded down 1.61% during midday trading on Wednesday, reaching $8.53. 404,032 shares of the company were exchanged. The stock’s 50-day moving average price is $8.66 and its 200-day moving average price is $8.77. Nuveen Credit Strategies Income Fund has a 52-week low of $8.03 and a 52-week high of $9.06.

In other Nuveen Credit Strategies Income Fund news, insider Nuveen Fund Advisors, Llc sold 7,000 shares of the stock in a transaction on Thursday, April 6th. The shares were sold at an average price of $8.72, for a total transaction of $61,040.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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Nuveen Credit Strategies Income Fund Company Profile

Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. The Fund’s investment objectives are high current income and total return. The Fund meets its investment objectives by investing approximately 70% of its managed assets in senior secured and second lien loans, and up to 30% of its managed assets across the capital structure of companies (including equity securities) with a primary focus on high yield bonds, convertible securities and other forms of income-producing securities.

Dividend History for Nuveen Credit Strategies Income Fund (NYSE:JQC)

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