Nuveen Credit Strategies Income Fund
JQCFinancial Services · Stock · monthly payer
Forward Yield
12.51%
Annual Dividend
$0.59
Payout Ratio
229%
5-Yr Growth
-8.7%
Ex-Date
Jul 15, 2026
Frequency
Monthly
Summary
As of July 2026, Nuveen Credit Strategies Income Fund (JQC) yields 12.51% ($0.59 per share annually), with a blended fair-value estimate of $6.46 — +36% upside, so it screens as undervalued. Dividend safety grade: D (49/100).
Is JQC a good dividend stock?
MixedNuveen Credit Strategies Income Fund (JQC) pays a monthly dividend yielding 12.51% ($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 (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
- 12.51%
- Payout Ratio
- 229%
- Annual Dividend
- $0.59
- 5-Yr Avg Growth
- -8.7%
- Ex-Dividend Date
- Jul 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.37
- Market Cap
- $703.6M
- P/E Ratio
- 17.0
- 5-Yr Total Return
- -27%
- 52-Week Range
- $4.62 – $5.58
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
JQC Price — Last 12 Months
Daily close
Price Return
1 Year
-14%
3 Years
-7%
5 Years
-27%
52-Week Range
$4.62 – $5.58
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is JQC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Nuveen Credit Strategies Income Fund is $6.46 per share, versus a market price of $4.75. That implies 36% of upside — a margin of safety of about 26%.
Fair Value
$6.46
Current Price
$4.75
Upside
+36%
Margin of Safety
26%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.28 EPS, $0.59 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
JQC Dividend Safety Score
Risky
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 15, 2026 | — | $0.0500 | regular |
| Jun 15, 2026 | — | $0.0500 | regular |
| May 15, 2026 | — | $0.0500 | regular |
| Apr 15, 2026 | — | $0.0500 | regular |
| Mar 13, 2026 | — | $0.0500 | regular |
| Feb 13, 2026 | — | $0.0540 | regular |
| Jan 15, 2026 | — | $0.0540 | regular |
| Dec 15, 2025 | — | $0.0540 | regular |
| Nov 14, 2025 | — | $0.0540 | regular |
| Oct 15, 2025 | — | $0.0540 | regular |
| Sep 15, 2025 | — | $0.0540 | regular |
| Aug 15, 2025 | — | $0.0540 | regular |
| Jul 15, 2025 | — | $0.0540 | regular |
| Jun 13, 2025 | — | $0.0540 | regular |
Income Calculator
At $0.59 / yr per share
