SmarterDividends
JMM

Nuveen Multi-Market Income Fund

JMM

Financial Services · Stock · monthly payer

Forward Yield

6.02%

Annual Dividend

$0.35

Payout Ratio

70%

5-Yr Growth

1.4%

Ex-Date

Jun 15, 2026

Frequency

Monthly

JMM Dividend Safety Score

63/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage70% of earnings paid out
Balance-sheet strengthDebt/equity of 0.42
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 JMM a good dividend stock?

Yes, with caveats

Nuveen Multi-Market Income Fund (JMM) pays a monthly dividend yielding 6.02% ($0.35/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2023
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    6.02%
    Payout Ratio
    70%
    Annual Dividend
    $0.35
    5-Yr Avg Growth
    1.4%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    0.37
    Market Cap
    $54.7M
    P/E Ratio
    11.6
    5-Yr Total Return
    -23%
    52-Week Range
    $5.67 – $6.52
    Dividend Safety
    C · 63/100
    Ever Cut?
    Yes (2023)
    JMM ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.35 / yr per share

    Per payment (monthly)$2.92
    Annual$35.00
    Monthly avg$2.92