Nuveen Mortgage and Income Fund
JLSFinancial Services · Stock · monthly payer
$17.81
Add to PortfolioForward Yield
10.34%
Annual Dividend
$1.84
Payout Ratio
106%
5-Yr Growth
17.8%
Ex-Date
Jun 15, 2026
Frequency
Monthly
JLS Dividend Safety Score
52/ 100
Grade C
Borderline
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2020
Earnings payout coverage106% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is JLS a good dividend stock?
MixedNuveen Mortgage and Income Fund (JLS) pays a monthly dividend yielding 10.34% ($1.84/yr), with 5 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 17.8% 5-yr dividend growth
Risks
- Cut its dividend in 2020
- Elevated payout ratio (106%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.34%
- Payout Ratio
- 106%
- Annual Dividend
- $1.84
- 5-Yr Avg Growth
- 17.8%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 5
- Frequency
- monthly
- Beta
- —
- Market Cap
- $97.5M
- P/E Ratio
- 10.2
- 5-Yr Total Return
- -14%
- 52-Week Range
- $17.45 – $19.09
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1540 | regular |
| Apr 15, 2026 | — | $0.1540 | regular |
| Mar 13, 2026 | — | $0.1540 | regular |
| Feb 13, 2026 | — | $0.1540 | regular |
| Jan 15, 2026 | — | $0.1540 | regular |
| Dec 15, 2025 | — | $0.1540 | regular |
| Nov 14, 2025 | — | $0.1540 | regular |
| Oct 15, 2025 | — | $0.1540 | regular |
| Sep 15, 2025 | — | $0.1540 | regular |
| Aug 15, 2025 | — | $0.1540 | regular |
| Jul 15, 2025 | — | $0.1540 | regular |
| Jun 13, 2025 | — | $0.1540 | regular |
| May 15, 2025 | — | $0.1540 | regular |
| Apr 15, 2025 | — | $0.1540 | regular |
Income Calculator
At $1.84 / yr per share
Per payment (monthly)$15.33
Annual$184.00
Monthly avg$15.33
