SmarterDividends
JQC

Nuveen Credit Strategies Income Fund

JQC

Financial Services · Asset Management · Stock · monthly payer

$4.56

Undervalued · +38% Add to Portfolio

Forward Yield

13.03%

Annual Dividend

$0.59

Payout Ratio

202%

5-Yr Growth

-8.7%

Ex-Date

Oct 15, 2026

Frequency

Monthly

Key facts about JQC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 28, 2026, Nuveen Credit Strategies Income Fund (JQC) has a forward dividend yield of 13.03%, based on an annual dividend of $0.59 per share and a share price of $4.56.
  • As of Oct 28, 2026, JQC's dividend safety grade from SmarterDividends is D (46 out of 100), which rates the dividend as unsafe.
  • JQC last cut its regular dividend in 2022.
  • JQC's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.0500 per share.
  • As of Oct 28, 2026, JQC pays out 202% of its trailing 12-month earnings as dividends (its payout ratio).
  • JQC's dividend has shrunk at an average rate of 8.7% a year over the past five years.
  • As of Oct 28, 2026, JQC's 13.03% yield is 20% above its five-year average yield of 10.87%.
  • As of Oct 28, 2026, SmarterDividends' blended fair-value estimate for JQC is $6.28 per share, 38% above the $4.56 share price, so JQC screens as undervalued.
  • Nuveen Credit Strategies Income Fund (JQC) pays its dividend monthly, 12 times a year.
  • Nuveen Credit Strategies Income Fund (JQC) has raised its regular dividend 17 times and cut it 31 times across the 241 payments on record since 2003. Its most recent change was a 7.4% cut to $0.0500 per share, going ex-dividend on Mar 13, 2026.
Cite this page

SmarterDividends, "JQC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 28, 2026, https://smarterdividends.com/stocks/JQC

Summary

As of Oct 28, 2026, Nuveen Credit Strategies Income Fund (JQC) yields 13.03% ($0.59 a year per share) and has a dividend safety grade of D (46/100).

Is JQC a good dividend stock?

Mixed

Nuveen Credit Strategies Income Fund (JQC) pays a monthly dividend yielding 13.03% ($0.59/yr), with 0 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 (202%)
    • 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
    13.03%
    Payout Ratio
    202%
    Annual Dividend
    $0.59
    5-Yr Avg Growth
    -8.7%
    Ex-Dividend Date
    Oct 15, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.39
    Market Cap
    $674.0M
    P/E Ratio
    14.7
    5-Yr Total Return
    -31%
    52-Week Range
    $4.45 – $5.18
    Dividend Safety
    D · 46/100
    Ever Cut?
    Yes (2022)

    JQC dividend raises and cuts

    Nuveen Credit Strategies Income Fund (JQC) has raised its regular dividend 17 times and cut it 31 times across the 241 payments on record since 2003. Its most recent change was a 7.4% cut to $0.0500 per share, going ex-dividend on Mar 13, 2026.

    Ex-dateChangeOld → newMove
    Mar 13, 2026Cut$0.0540 → $0.0500−7.4%
    Sep 14, 2023Raise$0.0480 → $0.0540+12.5%
    Nov 14, 2022Raise$0.0420 → $0.0480+14.3%
    Jul 14, 2022Raise$0.0390 → $0.0420+7.7%
    Oct 14, 2021Cut$0.0420 → $0.0390−7.1%
    Sep 14, 2021Cut$0.0470 → $0.0420−10.6%
    Aug 12, 2021Cut$0.0510 → $0.0470−7.8%
    Jul 14, 2021Cut$0.0550 → $0.0510−7.3%
    Jun 14, 2021Cut$0.0600 → $0.0550−8.3%
    May 13, 2021Cut$0.0640 → $0.0600−6.3%
    Apr 14, 2021Cut$0.0680 → $0.0640−5.9%
    Mar 12, 2021Cut$0.0720 → $0.0680−5.6%
    Show all 48 changes since 2005
    Ex-dateChangeOld → newMove
    Feb 11, 2021Cut$0.0770 → $0.0720−6.5%
    Jan 14, 2021Cut$0.0810 → $0.0770−4.9%
    Jun 12, 2020Cut$0.0880 → $0.0810−8.0%
    Apr 14, 2020Cut$0.0920 → $0.0880−4.3%
    Jan 14, 2020Cut$0.104 → $0.0920−11.5%
    Mar 14, 2019Raise$0.102 → $0.104+2.0%
    Jan 14, 2019Raise$0.0390 → $0.102+161.5%
    Sep 13, 2018Raise$0.0370 → $0.0390+5.4%
    Jun 14, 2018Cut$0.0410 → $0.0370−9.8%
    Mar 14, 2018Cut$0.0480 → $0.0410−14.6%
    Sep 14, 2017Cut$0.0530 → $0.0480−9.4%
    Dec 13, 2016Raise$0.0520 → $0.0530+1.9%
    Dec 11, 2015Raise$0.0500 → $0.0520+4.0%
    Jun 11, 2015Raise$0.0490 → $0.0500+2.0%
    Feb 11, 2015Raise$0.0430 → $0.0490+14.0%
    Jan 13, 2015Cut$0.0440 → $0.0430−2.3%
    Jun 11, 2014Cut$0.0530 → $0.0440−17.0%
    Mar 12, 2014Cut$0.0550 → $0.0530−3.6%
    Dec 11, 2013Cut$0.0580 → $0.0550−5.2%
    Sep 11, 2013Cut$0.0620 → $0.0580−6.5%
    May 13, 2013Cut$0.0690 → $0.0620−10.1%
    Dec 12, 2012Raise$0.0670 → $0.0690+3.0%
    Apr 11, 2012Cut$0.200 → $0.0670−66.5%
    Jun 13, 2011Raise$0.190 → $0.200+5.3%
    Mar 11, 2011Raise$0.175 → $0.190+8.6%
    Dec 11, 2009Raise$0.160 → $0.175+9.4%
    Sep 11, 2009Raise$0.150 → $0.160+6.7%
    Jun 11, 2009Cut$0.160 → $0.150−6.3%
    Mar 11, 2009Cut$0.187 → $0.160−14.4%
    Dec 11, 2008Cut$0.247 → $0.187−24.3%
    Sep 11, 2008Cut$0.285 → $0.247−13.3%
    Jun 13, 2007Raise$0.0950 → $0.285+200.0%
    May 11, 2006Raise$0.0840 → $0.0950+13.1%
    Sep 13, 2005Cut$0.0890 → $0.0840−5.6%
    Jun 13, 2005Cut$0.0930 → $0.0890−4.3%
    Mar 11, 2005Cut$0.0980 → $0.0930−5.1%
    Every JQC payment →Download every raise and cut (CSV)
    JQC ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →JQC dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is JQC a good dividend stock?

    Mixed. Nuveen Credit Strategies Income Fund (JQC) pays a monthly dividend yielding 13.03% ($0.59/yr), with 0 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.

    Is JQC undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, JQC's fair value is about $6.28 versus a $4.56 share price — so it looks undervalued (+38% vs. fair value).

    Is JQC's dividend safe?

    JQC has a dividend-safety grade of D (46/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is JQC's fair value?

    Our blended fair-value estimate for JQC is about $6.28 per share, roughly 38% above the current $4.56 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is JQC a buy, hold, or sell?

    We don't issue formal ratings, but on the data JQC screens as "mixed" and undervalued. Nuveen Credit Strategies Income Fund (JQC) pays a monthly dividend yielding 13.03% ($0.59/yr), with 0 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. This is research for your own analysis, not investment advice.

    Will JQC cut its dividend?

    JQC earns a dividend-safety grade of D (46/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does JQC pay a dividend?

    Yes. Nuveen Credit Strategies Income Fund pays a monthly dividend of about $0.59 per share annually, a forward yield of roughly 13.03%.

    What is JQC's dividend yield?

    As of Oct 28, 2026, JQC's forward dividend yield is 13.03%, based on a $0.59 annual dividend and a $4.56 share price.

    What is JQC's dividend per share?

    As of Oct 28, 2026, JQC pays $0.59 per share per year, distributed on a monthly basis.

    What is JQC's dividend payout ratio?

    As of Oct 28, 2026, JQC's payout ratio is 202% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has JQC grown its dividend?

    JQC does not currently have a long dividend-growth streak on record.

    When is the next JQC ex-dividend date?

    As of Oct 28, 2026, JQC's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.0500 per share.

    Income Calculator

    At $0.59 / yr per share

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

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