Nuveen AMT-Free Municipal Credit Income Fund Dividend
Dividend criteria checks 2/6
Nuveen AMT-Free Municipal Credit Income Fund is a dividend paying company with a current yield of 4.51%. Next payment date is on 1st May, 2024 with an ex-dividend date of 12th April, 2024.
Key information
4.5%
Dividend yield
418%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 01 May 24 |
| Ex dividend date | 12 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.13 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
NVG: 3 Reasons To Be Cautious Despite Large Discount To NAV
Dec 28NVG: Historic Discount Available Keeps My Buy Rating
Oct 07Nuveen AMT-Free Municipal Credit Income Fund declares $0.0425 dividend
Feb 07Nuveen AMT-Free Municipal Credit Income Fund dividend declines by 22% to $0.0425
Jan 11Nuveen AMT-Free Municipal Credit Income Fund declares $0.0545 dividend
Dec 06Nuveen AMT-Free Municipal Credit Income Fund declares $0.0545 dividend
Oct 06Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend
Sep 02Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend
Aug 08Nuveen AMT-Free Municipal Credit Income Fund declares $0.064 dividend
Jul 06Muni CEFs: Back Up The Truck On NVG And NZF
Feb 16Nuveen AMT-Free Municipal Credit Income Fund Is A Good Choice For That Strategy
Oct 29Nuveen AMT-Free Municipal Credit Income Fund declares $0.0675 dividend
May 10Nuveen AMT-Free Municipal Credit Income Fund declares $0.0675 dividend
Jan 05NVG: Nuveen's Higher Yielding AMT-FREE Municipal Bond CEF
Dec 14Nuveen AMT-Free Municipal Credit Income Fund declares $0.0675 dividend
Dec 02Nuveen AMT-Free Municipal Credit Income Fund declares $0.0675 dividend
Nov 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NVG's dividend payments have been volatile in the past 10 years.
Growing Dividend: NVG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nuveen AMT-Free Municipal Credit Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NVG) | 4.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (NVG) | n/a |
Notable Dividend: NVG's dividend (4.51%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: NVG's dividend (4.51%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (417.8%), NVG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58%), NVG's dividend payments are covered by cash flows.