SmarterDividends
JQC

Nuveen Credit Strategies Income Fund

JQC

Financial Services · Asset Management · Stock · monthly payer

$4.57

Undervalued · +16% Add to Portfolio

Forward Yield

13.00%

Annual Dividend

$0.63

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 14, 2026, Nuveen Credit Strategies Income Fund (JQC) has a forward dividend yield of 13.00%, based on an annual dividend of $0.63 per share and a share price of $4.57.
  • As of Oct 14, 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 next ex-dividend date is Oct 15, 2026, with payment on Nov 2, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 14, 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 14, 2026, JQC's 13.00% yield is 20% above its five-year average yield of 10.87%.
  • As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for JQC is $5.31 per share, 16% above the $4.57 share price, so JQC screens as undervalued.
  • Nuveen Credit Strategies Income Fund (JQC) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "JQC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/JQC

Summary

As of Oct 14, 2026, Nuveen Credit Strategies Income Fund (JQC) yields 13.00% ($0.63 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 13.00% ($0.63/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
    13.00%
    Payout Ratio
    202%
    Annual Dividend
    $0.63
    5-Yr Avg Growth
    -8.7%
    Ex-Dividend Date
    Oct 15, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.39
    Market Cap
    $675.5M
    P/E Ratio
    14.7
    5-Yr Total Return
    -29%
    52-Week Range
    $4.57 – $5.25
    Dividend Safety
    D · 46/100
    Ever Cut?
    Yes (2022)
    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 13.00% ($0.63/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 $5.31 versus a $4.57 share price — so it looks undervalued (+16% 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 $5.31 per share, roughly 16% above the current $4.57 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 13.00% ($0.63/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 $0.63 per share annually, a forward yield of roughly 13.00%.

    What is JQC's dividend yield?

    As of Oct 14, 2026, JQC's forward dividend yield is 13.00%, based on a $0.63 annual dividend and a $4.57 share price.

    What is JQC's dividend per share?

    As of Oct 14, 2026, JQC pays $0.63 per share per year, distributed on a monthly basis.

    What is JQC's dividend payout ratio?

    As of Oct 14, 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 14, 2026, the next ex-dividend date on record for JQC is Oct 15, 2026.

    Income Calculator

    At $0.63 / yr per share

    Per payment (monthly)$5.22
    Annual$62.60
    Monthly avg$5.22

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