Nuveen AMT-Free Dividend Update: Key Insights Before Jun 13, 2025 Ex-Dividend Date

Nuveen AMT-Free (NVG) has announced a cash dividend of $0.079 per share, with an ex-dividend date of Jun 13, 2025. This follows the announcement made on Jun 2, 2025, with the dividend being payable on Jul 1, 2025. This dividend amount is higher compared to the average of the last 10 dividends, which stood at approximately $0.063. Previously, the company had also declared a cash dividend of $0.079 per share on Jun 2, 2025.

Recently, Nuveen AMT-Free Municipal Credit Income Fund's stock performance has attracted attention. As of late, the stock price dipped below its 200-day moving average, trading as low as $11.80. This decline in stock value, reported over the past week, indicates a shift in market sentiment. Analysts have noted that the company’s stock was last traded at $11.81, with a trading volume of 242,336 shares. Additionally, the firm announced a monthly dividend payable on Jul 1st, 2025, which offers an annualized yield of 8.03%, reflecting its continued commitment to shareholder returns.

In terms of investment activity, hedge funds have been adjusting their stakes in the company. Over the past quarter, Janney Montgomery Scott LLC increased its holdings by 17.2%, now owning over 69,000 shares. Meanwhile, other institutional investors like Spire Wealth Management and Stratos Wealth Partners LTD. have either initiated or expanded their positions in NVG. This trend suggests growing confidence in the fund's investment strategy, which focuses on undervalued municipal securities exempt from federal income taxes.

In conclusion, Nuveen AMT-Free Municipal Credit Income Fund remains a noteworthy entity in the investment landscape, with its recent dividend announcement bolstering its appeal. Investors should take note of the ex-dividend date on Jun 13, 2025, as it marks the last opportunity to purchase shares and qualify for the forthcoming dividend. Any acquisitions made after this date will not be eligible for the current dividend payout.