Nuveen Credit Strategies Income Fund (JQC) To Go Ex-Dividend on March 14th

Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.054 per share by the investment management company on Tuesday, April 1st. This represents a $0.65 annualized dividend and a dividend yield of 11.71%. The ex-dividend date is Friday, March 14th.

Nuveen Credit Strategies Income Fund has increased its dividend payment by an average of 26.6% per year over the last three years.

Nuveen Credit Strategies Income Fund Price Performance

NYSE:JQC traded up $0.02 during trading hours on Wednesday, reaching $5.54. The company’s stock had a trading volume of 51,986 shares, compared to its average volume of 599,371. The firm has a 50-day simple moving average of $5.59 and a 200-day simple moving average of $5.71. Nuveen Credit Strategies Income Fund has a 1 year low of $5.30 and a 1 year 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.