Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 15th will be given a dividend of 0.0475 per share by the investment management company on Friday, December 29th. This represents a $0.57 annualized dividend and a dividend yield of 6.93%. The ex-dividend date of this dividend is Thursday, December 14th.
Nuveen Credit Strategies Income Fund has decreased its dividend payment by an average of 6.3% annually over the last three years.
Nuveen Credit Strategies Income Fund (NYSE JQC) traded up $0.02 during mid-day trading on Monday, hitting $8.22. 709,576 shares of the company traded hands, compared to its average volume of 418,478. Nuveen Credit Strategies Income Fund has a 52 week low of $8.00 and a 52 week high of $9.06.
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.
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