Nuveen Arizona Quality Municipal Income Fund

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

Nuveen Arizona Quality Municipal Income Fund (NAZ) pays a monthly dividend yielding 5.65% ($0.74/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.

Key Data

Dividend Yield

5.65%

Payout Ratio

147%

Annual Dividend

$0.74

5-Yr Avg Growth

8.7%

Ex-Dividend Date

Jun 15, 2026

Years of Growth

2

Frequency

monthly

Beta

0.57

Market Cap

$169.0M

P/E Ratio

23.5

5-Yr Total Return

-19%

52-Week Range

$11.49 – $13.22

Dividend Safety

C · 55/100

Ever Cut?

Yes (2023)

Frequently Asked Questions