SmarterDividends
JQC

Nuveen Credit Strategies Income Fund

JQC

Financial Services · Stock · monthly payer

Forward Yield

12.27%

Annual Dividend

$0.59

Payout Ratio

229%

5-Yr Growth

-7.8%

Ex-Date

Jun 15, 2026

Frequency

Monthly

JQC Dividend Safety Score

49/ 100
Grade D

Risky

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage229% of earnings paid out
Free-cash-flow coverage116% of free cash flow
Balance-sheet strengthDebt/equity of 0.61
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 JQC a good dividend stock?

Mixed

Nuveen Credit Strategies Income Fund (JQC) pays a monthly dividend yielding 12.27% ($0.59/yr), with 3 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (229%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    12.27%
    Payout Ratio
    229%
    Annual Dividend
    $0.59
    5-Yr Avg Growth
    -7.8%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    3
    Frequency
    monthly
    Beta
    0.37
    Market Cap
    $715.4M
    P/E Ratio
    17.3
    5-Yr Total Return
    -29%
    52-Week Range
    $4.62 – $5.58
    Dividend Safety
    D · 49/100
    Ever Cut?
    Yes (2022)
    JQC ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.59 / yr per share

    Per payment (monthly)$4.92
    Annual$59.00
    Monthly avg$4.92