Nuveen Credit Strategies Income Fund (NYSE:JQC) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.1035 per share by the investment management company on Monday, June 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 15.54%. The ex-dividend date is Tuesday, May 14th.
Nuveen Credit Strategies Income Fund has decreased its dividend by an average of 3.5% per year over the last three years.
JQC opened at $7.99 on Friday. Nuveen Credit Strategies Income Fund has a 12-month low of $6.98 and a 12-month high of $8.15.
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.
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