
Nuveen New York Quality Municipal Income Fund (NAN) Dividend
Nuveen New York Quality Municipal Income Fund · Financial Services · Asset Management · monthly payer
As of Nov 5, 2026, Nuveen New York Quality Municipal Income Fund (NAN) pays a monthly dividend of $0.0680 per share, or $0.82 a year, a 8.01% yield at its $10.13 share price. It pays every month. It has raised its dividend 2 years in a row and has a dividend safety grade of D.
Forward Yield
8.01%
Annual Dividend
$0.82
Payout Ratio
240%
5-Yr Growth
7.3%
Ex-Date
Sep 15, 2026
Frequency
Monthly
Key facts about NAN's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Nuveen New York Quality Municipal Income Fund (NAN) has a forward dividend yield of 8.01%, based on an annual dividend of $0.82 per share and a share price of $10.13.
- As of Nov 5, 2026, NAN's dividend safety grade from SmarterDividends is D (45 out of 100), which rates the dividend as unsafe.
- By SmarterDividends' count, Nuveen New York Quality Municipal Income Fund (NAN) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
- NAN last cut its regular dividend in 2023.
- NAN's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.0680 per share.
- As of Nov 5, 2026, NAN pays out 240% of its trailing 12-month earnings as dividends (its payout ratio).
- NAN's dividend has grown at an average rate of 7.3% a year over the past five years.
- As of Nov 5, 2026, NAN's 8.01% yield is 43% above its five-year average yield of 5.60%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for NAN is $17.11 per share, 69% above the $10.13 share price, so NAN screens as undervalued.
- Nuveen New York Quality Municipal Income Fund (NAN) pays its dividend monthly, 12 times a year.
- Nuveen New York Quality Municipal Income Fund (NAN) has raised its regular dividend 25 times and cut it 24 times across the 328 payments on record since 1999. Its most recent change was a 5.6% cut to $0.0680 per share, going ex-dividend on Jun 15, 2026.
Cite this page
SmarterDividends, "NAN Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/NAN
Is NAN a good dividend stock?
MixedNuveen New York Quality Municipal Income Fund (NAN) pays a monthly dividend yielding 8.01% ($0.82/yr), with 2 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
- Strong 7.3% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Elevated payout ratio (240%)
- 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
- 8.01%
- Payout Ratio
- 240%
- Annual Dividend
- $0.82
- 5-Yr Avg Growth
- 7.3%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.61
- Market Cap
- $340.1M
- P/E Ratio
- 28.1
- 5-Yr Total Return
- -31%
- 52-Week Range
- $9.43 – $11.80
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2023)
NAN dividend raises and cuts
Nuveen New York Quality Municipal Income Fund (NAN) has raised its regular dividend 25 times and cut it 24 times across the 328 payments on record since 1999. Its most recent change was a 5.6% cut to $0.0680 per share, going ex-dividend on Jun 15, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 15, 2026 | Cut | $0.0720 → $0.0680 | −5.6% |
| Jun 14, 2024 | Raise | $0.0490 → $0.0720 | +46.9% |
| Mar 14, 2024 | Raise | $0.0430 → $0.0490 | +14.0% |
| Nov 14, 2023 | Raise | $0.0360 → $0.0430 | +19.4% |
| Jul 13, 2023 | Cut | $0.0380 → $0.0360 | −5.3% |
| Jan 12, 2023 | Cut | $0.0430 → $0.0380 | −11.6% |
| Oct 13, 2022 | Cut | $0.0490 → $0.0430 | −12.2% |
| Oct 14, 2021 | Cut | $0.0520 → $0.0490 | −5.8% |
| May 14, 2020 | Raise | $0.0480 → $0.0520 | +8.3% |
| Mar 14, 2018 | Cut | $0.0540 → $0.0480 | −11.1% |
| Dec 14, 2017 | Raise | $0.0060 → $0.0540 | +800.0% |
| Nov 22, 2017 | Cut | $0.0580 → $0.0060 | −89.7% |
Show all 49 changes since 2000
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 14, 2017 | Cut | $0.0600 → $0.0580 | −3.3% |
| Jan 11, 2017 | Cut | $0.0620 → $0.0600 | −3.2% |
| Dec 13, 2016 | Raise | $0.0610 → $0.0620 | +1.6% |
| Sep 13, 2016 | Cut | $0.0650 → $0.0610 | −6.2% |
| Jun 13, 2016 | Cut | $0.0670 → $0.0650 | −3.0% |
| Jan 13, 2016 | Cut | $0.0720 → $0.0670 | −6.9% |
| Dec 11, 2015 | Raise | $0.0670 → $0.0720 | +7.5% |
| Jul 13, 2015 | Raise | $0.0650 → $0.0670 | +3.1% |
| Mar 11, 2015 | Raise | $0.0630 → $0.0650 | +3.2% |
| Dec 12, 2012 | Cut | $0.0660 → $0.0630 | −4.5% |
| Jan 11, 2012 | Cut | $0.0710 → $0.0660 | −7.0% |
| Dec 13, 2011 | Raise | $0.0660 → $0.0710 | +7.6% |
| Jan 13, 2010 | Raise | $0.0650 → $0.0660 | +1.5% |
| Sep 11, 2009 | Raise | $0.0640 → $0.0650 | +1.6% |
| May 13, 2009 | Raise | $0.0590 → $0.0640 | +8.5% |
| Sep 11, 2008 | Raise | $0.0580 → $0.0590 | +1.7% |
| Mar 12, 2008 | Cut | $0.0600 → $0.0580 | −3.3% |
| Sep 12, 2007 | Cut | $0.0630 → $0.0600 | −4.8% |
| Mar 13, 2007 | Cut | $0.0660 → $0.0630 | −4.5% |
| Sep 13, 2006 | Cut | $0.0700 → $0.0660 | −5.7% |
| Jun 13, 2006 | Cut | $0.0750 → $0.0700 | −6.7% |
| Mar 13, 2006 | Cut | $0.0790 → $0.0750 | −5.1% |
| Sep 13, 2005 | Cut | $0.0830 → $0.0790 | −4.8% |
| Sep 11, 2003 | Raise | $0.0810 → $0.0830 | +2.5% |
| Jun 11, 2003 | Raise | $0.0800 → $0.0810 | +1.3% |
| Mar 12, 2003 | Raise | $0.0770 → $0.0800 | +3.9% |
| Dec 11, 2002 | Raise | $0.0750 → $0.0770 | +2.7% |
| Sep 11, 2002 | Raise | $0.0730 → $0.0750 | +2.7% |
| Jun 12, 2002 | Raise | $0.0710 → $0.0730 | +2.8% |
| May 13, 2002 | Cut | $0.0720 → $0.0710 | −1.4% |
| Apr 11, 2002 | Raise | $0.0710 → $0.0720 | +1.4% |
| Mar 13, 2002 | Raise | $0.0690 → $0.0710 | +2.9% |
| Oct 11, 2001 | Raise | $0.0680 → $0.0690 | +1.5% |
| Jun 13, 2001 | Raise | $0.0660 → $0.0680 | +3.0% |
| Mar 13, 2001 | Raise | $0.0650 → $0.0660 | +1.5% |
| Jun 13, 2000 | Cut | $0.0690 → $0.0650 | −5.8% |
| Mar 13, 2000 | Cut | $0.0720 → $0.0690 | −4.2% |
Frequently Asked Questions
Is NAN a good dividend stock?
Mixed. Nuveen New York Quality Municipal Income Fund (NAN) pays a monthly dividend yielding 8.01% ($0.82/yr), with 2 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 NAN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NAN's fair value is about $17.11 versus a $10.13 share price — so it looks undervalued (+69% vs. fair value).
Is NAN's dividend safe?
NAN has a dividend-safety grade of D (45/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is NAN's fair value?
Our blended fair-value estimate for NAN is about $17.11 per share, roughly 69% above the current $10.13 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NAN a buy, hold, or sell?
We don't issue formal ratings, but on the data NAN screens as "mixed" and undervalued. Nuveen New York Quality Municipal Income Fund (NAN) pays a monthly dividend yielding 8.01% ($0.82/yr), with 2 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 NAN cut its dividend?
NAN earns a dividend-safety grade of D (45/100), 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 NAN pay a dividend?
Yes. Nuveen New York Quality Municipal Income Fund pays a monthly dividend of about $0.82 per share annually, a forward yield of roughly 8.01%.
How much dividend does 100 shares of NAN pay?
At $0.82 per share a year, 100 shares of NAN pay $82.00 a year in dividends before tax, about $6.83 each month. Buying them costs about $1,013 at the Nov 5, 2026 price.
What is NAN's dividend yield?
As of Nov 5, 2026, NAN's forward dividend yield is 8.01%, based on a $0.82 annual dividend and a $10.13 share price.
What is NAN's dividend per share?
As of Nov 5, 2026, NAN pays $0.82 per share per year, distributed on a monthly basis.
What is NAN's dividend payout ratio?
As of Nov 5, 2026, NAN's payout ratio is 240% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has NAN grown its dividend?
As of Nov 5, 2026, NAN has increased its dividend for 2 consecutive years.
When is the next NAN ex-dividend date?
As of Nov 5, 2026, NAN's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.0680 per share.
NAN Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
-4%
5 Years
-31%
52-Week Range
$9.43 – $11.80
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NAN worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Nuveen New York Quality Municipal Income Fund is $17.11 per share, versus a market price of $10.13. That implies 69% of upside — a margin of safety of about 41%.
Fair Value
$17.11
Current Price
$10.13
Upside
+69%
Margin of Safety
41%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.36 EPS, $0.82 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NAN 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
Full NAN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 15, 2026 | Nov 2, 2026 | $0.0680 | regular |
| Sep 15, 2026 | Oct 1, 2026 | $0.0680 | regular |
| Aug 14, 2026 | Sep 1, 2026 | $0.0680 | regular |
| Jul 15, 2026 | Aug 3, 2026 | $0.0680 | regular |
| Jun 15, 2026 | Jul 1, 2026 | $0.0680 | regular |
| May 15, 2026 | Jun 1, 2026 | $0.0720 | regular |
| Apr 15, 2026 | May 1, 2026 | $0.0720 | regular |
| Mar 13, 2026 | Apr 1, 2026 | $0.0720 | regular |
| Feb 13, 2026 | Mar 2, 2026 | $0.0720 | regular |
| Jan 15, 2026 | Feb 2, 2026 | $0.0720 | regular |
| Dec 15, 2025 | Dec 31, 2025 | $0.0720 | regular |
| Nov 14, 2025 | Dec 1, 2025 | $0.0720 | regular |
| Oct 15, 2025 | Nov 3, 2025 | $0.0720 | regular |
| Sep 15, 2025 | Oct 1, 2025 | $0.0720 | regular |
Income Calculator
At $0.82 / yr per share
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