Nuveen Credit Strategies Income Fund (NYSE:JQC – Get Free Report) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given 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 yield of 11.37%. The ex-dividend date is Wednesday, January 15th.
Nuveen Credit Strategies Income Fund has increased its dividend payment by an average of 28.9% annually over the last three years.
Nuveen Credit Strategies Income Fund Price Performance
Shares of NYSE:JQC opened at $5.70 on Monday. Nuveen Credit Strategies Income Fund has a one year low of $5.17 and a one year high of $5.94. The firm has a fifty day moving average price of $5.79 and a two-hundred day moving average price of $5.73.
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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