SmarterDividends
NAD

Nuveen Quality Municipal Income Fund

NAD

Financial Services · Stock · monthly payer

Forward Yield

7.16%

Annual Dividend

$0.85

Payout Ratio

318%

5-Yr Growth

5.9%

Ex-Date

Jun 15, 2026

Frequency

Monthly

NAD Dividend Safety Score

51/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage318% of earnings paid out
Balance-sheet strengthDebt/equity of 0.71
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 NAD a good dividend stock?

Mixed

Nuveen Quality Municipal Income Fund (NAD) pays a monthly dividend yielding 7.16% ($0.85/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 5.9% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Elevated payout ratio (318%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.16%
Payout Ratio
318%
Annual Dividend
$0.85
5-Yr Avg Growth
5.9%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
2
Frequency
monthly
Beta
0.64
Market Cap
$2.8B
P/E Ratio
42.2
5-Yr Total Return
-27%
52-Week Range
$11.04 – $12.31
Dividend Safety
C · 51/100
Ever Cut?
Yes (2023)
NAD ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.85 / yr per share

Per payment (monthly)$7.08
Annual$85.00
Monthly avg$7.08