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

Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders 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 dividend yield of 11.27%. The ex-dividend date of this dividend is Wednesday, January 15th.

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

Nuveen Credit Strategies Income Fund Trading Up 0.5 %

Shares of Nuveen Credit Strategies Income Fund stock opened at $5.75 on Friday. The firm’s 50-day moving average price is $5.78 and its two-hundred day moving average price is $5.72. Nuveen Credit Strategies Income Fund has a 12-month low of $5.17 and a 12-month high of $5.94.

Nuveen Credit Strategies Income Fund Company Profile

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.