SmarterDividends
JRS

Nuveen Real Estate Income Fund

JRS

Financial Services · Asset Management · Stock · quarterly payer

$7.27

Undervalued · +43% Add to Portfolio

Forward Yield

10.45%

Annual Dividend

$0.76

Payout Ratio

44%

5-Yr Growth

-2.2%

Ex-Date

Sep 15, 2026

Frequency

Quarterly

Key facts about JRS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Nuveen Real Estate Income Fund (JRS) has a forward dividend yield of 10.45%, based on an annual dividend of $0.76 per share and a share price of $7.27.
  • As of Oct 18, 2026, JRS's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
  • JRS last cut its regular dividend in 2023.
  • JRS's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.19 per share.
  • As of Oct 18, 2026, JRS pays out 44% of its trailing 12-month earnings as dividends (its payout ratio).
  • JRS's dividend has shrunk at an average rate of 2.2% a year over the past five years.
  • As of Oct 18, 2026, JRS's 10.45% yield is 26% above its five-year average yield of 8.29%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for JRS is $10.43 per share, 43% above the $7.27 share price, so JRS screens as undervalued.
  • Nuveen Real Estate Income Fund (JRS) pays its dividend quarterly, 4 times a year.
  • Nuveen Real Estate Income Fund (JRS) has raised its regular dividend 14 times and cut it 10 times across the 143 payments on record since 2002. Its most recent change was a 11.8% increase to $0.190 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Mar 14, 2023.
Cite this page

SmarterDividends, "JRS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/JRS

Summary

As of Oct 18, 2026, Nuveen Real Estate Income Fund (JRS) yields 10.45% ($0.76 a year per share) and has a dividend safety grade of C (63/100).

Is JRS a good dividend stock?

Yes, with caveats

Nuveen Real Estate Income Fund (JRS) pays a quarterly dividend yielding 10.45% ($0.76/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (44%)

Risks

  • Cut its dividend in 2023
  • Dividend has been shrinking, not growing
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
10.45%
Payout Ratio
44%
Annual Dividend
$0.76
5-Yr Avg Growth
-2.2%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.19
Market Cap
$210.0M
P/E Ratio
4.5
5-Yr Total Return
-38%
52-Week Range
$7.12 – $8.90
Dividend Safety
C · 63/100
Ever Cut?
Yes (2023)

JRS dividend raises and cuts

Nuveen Real Estate Income Fund (JRS) has raised its regular dividend 14 times and cut it 10 times across the 143 payments on record since 2002. Its most recent change was a 11.8% increase to $0.190 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Mar 14, 2023.

Ex-dateChangeOld → newMove
Jun 15, 2026Raise$0.170 → $0.190+11.8%
Mar 14, 2023Cut$0.209 → $0.170−18.7%
Mar 14, 2022Raise$0.190 → $0.209+10.0%
Mar 14, 2019Cut$0.205 → $0.190−7.3%
Jun 14, 2018Cut$0.230 → $0.205−10.9%
Mar 14, 2018Cut$0.250 → $0.230−8.0%
Sep 13, 2016Raise$0.240 → $0.250+4.2%
Mar 11, 2015Raise$0.225 → $0.240+6.7%
Dec 11, 2013Cut$0.240 → $0.225−6.2%
Mar 13, 2013Raise$0.230 → $0.240+4.3%
Jun 13, 2011Raise$0.220 → $0.230+4.5%
Jun 11, 2009Cut$0.270 → $0.220−18.5%
Show all 24 changes since 2002
Ex-dateChangeOld → newMove
Mar 11, 2009Cut$0.336 → $0.270−19.6%
Dec 11, 2008Cut$0.458 → $0.336−26.6%
Sep 11, 2008Cut$0.500 → $0.458−8.4%
Mar 12, 2008Cut$0.570 → $0.500−12.3%
Jun 13, 2007Raise$0.190 → $0.570+200.0%
Dec 13, 2006Raise$0.175 → $0.190+8.6%
Sep 13, 2006Raise$0.165 → $0.175+6.1%
Jun 13, 2006Raise$0.155 → $0.165+6.5%
Mar 13, 2006Raise$0.145 → $0.155+6.9%
Sep 13, 2005Raise$0.135 → $0.145+7.4%
Sep 13, 2004Raise$0.115 → $0.135+17.4%
Sep 11, 2002Raise$0.113 → $0.115+1.8%
Every JRS payment →Download every raise and cut (CSV)
JRS ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →JRS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is JRS a good dividend stock?

Yes, with caveats. Nuveen Real Estate Income Fund (JRS) pays a quarterly dividend yielding 10.45% ($0.76/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is JRS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, JRS's fair value is about $10.43 versus a $7.27 share price — so it looks undervalued (+43% vs. fair value).

Is JRS's dividend safe?

JRS has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is JRS's fair value?

Our blended fair-value estimate for JRS is about $10.43 per share, roughly 43% above the current $7.27 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is JRS a buy, hold, or sell?

We don't issue formal ratings, but on the data JRS screens as "yes, with caveats" and undervalued. Nuveen Real Estate Income Fund (JRS) pays a quarterly dividend yielding 10.45% ($0.76/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will JRS cut its dividend?

JRS earns a dividend-safety grade of C (63/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does JRS pay a dividend?

Yes. Nuveen Real Estate Income Fund pays a quarterly dividend of about $0.76 per share annually, a forward yield of roughly 10.45%.

What is JRS's dividend yield?

As of Oct 18, 2026, JRS's forward dividend yield is 10.45%, based on a $0.76 annual dividend and a $7.27 share price.

What is JRS's dividend per share?

As of Oct 18, 2026, JRS pays $0.76 per share per year, distributed on a quarterly basis.

What is JRS's dividend payout ratio?

As of Oct 18, 2026, JRS's payout ratio is 44% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has JRS grown its dividend?

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

When is the next JRS ex-dividend date?

As of Oct 18, 2026, JRS's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.19 per share.

Income Calculator

At $0.76 / yr per share

Per payment (quarterly)$19.00
Annual$76.00
Monthly avg$6.33

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