SmarterDividends
NAN

Nuveen New York Quality Municipal Income Fund

NAN

Financial Services · Stock · monthly payer

Forward Yield

7.06%

Annual Dividend

$0.82

Payout Ratio

240%

5-Yr Growth

6.7%

Ex-Date

Jun 15, 2026

Frequency

Monthly

NAN Dividend Safety Score

51/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage240% of earnings paid out
Balance-sheet strengthDebt/equity of 0.72
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 NAN a good dividend stock?

Mixed

Nuveen New York Quality Municipal Income Fund (NAN) pays a monthly dividend yielding 7.06% ($0.82/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 6.7% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Elevated payout ratio (240%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.06%
Payout Ratio
240%
Annual Dividend
$0.82
5-Yr Avg Growth
6.7%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
2
Frequency
monthly
Beta
0.57
Market Cap
$369.3M
P/E Ratio
32.1
5-Yr Total Return
-23%
52-Week Range
$10.79 – $11.67
Dividend Safety
C · 51/100
Ever Cut?
Yes (2023)
NAN ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.82 / yr per share

Per payment (monthly)$6.83
Annual$82.00
Monthly avg$6.83