Nuveen Credit Strat Inc's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Nuveen Credit Strat Inc (NYSE:JQC) announced a monthly dividend of 4.75 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning JQC by the end of Tuesday's session will be eligible for the dividend payout, which will be distributed on July 03, 2023.
June 09, 2023 | 2:48 pm
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Nuveen Credit Strat Inc (JQC) will go ex-dividend on Wednesday, with a 4.75 cents per share monthly dividend. Eligible shareholders will receive the payout on July 03, 2023.
The announcement of the dividend payout and ex-dividend date is important for shareholders of JQC. However, the short-term impact on the stock price is neutral, as the stock will likely open 4.75 cents lower to reflect the payout, which is a common occurrence for stocks going ex-dividend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100