Nuveen Credit Strategies Income Fund (NYSE:JQC) Announces $0.10 Monthly Dividend

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Nuveen Credit Strategies Income Fund (NYSE:JQC) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.1035 per share by the investment management company on Tuesday, December 31st. This represents a $1.24 dividend on an annualized basis and a yield of 16.41%. The ex-dividend date is Thursday, December 12th.

NYSE:JQC traded down $0.01 during trading hours on Wednesday, reaching $7.57. 20,377 shares of the company’s stock were exchanged, compared to its average volume of 662,542. Nuveen Credit Strategies Income Fund has a 12 month low of $6.98 and a 12 month high of $8.10. The business’s 50-day simple moving average is $7.40 and its two-hundred day simple moving average is $7.58.

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

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