SmarterDividends
NDMO

Nuveen Dynamic Municipal Opportunities Fund

NDMO

Financial Services · Stock · monthly payer

Forward Yield

6.78%

Annual Dividend

$0.70

Payout Ratio

298%

5-Yr Growth

-4.2%

Ex-Date

Jun 15, 2026

Frequency

Monthly

NDMO Dividend Safety Score

48/ 100
Grade D

Risky

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage298% of earnings paid out
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 NDMO a good dividend stock?

Mixed

Nuveen Dynamic Municipal Opportunities Fund (NDMO) pays a monthly dividend yielding 6.78% ($0.70/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

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (298%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    6.78%
    Payout Ratio
    298%
    Annual Dividend
    $0.70
    5-Yr Avg Growth
    -4.2%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    Market Cap
    $617.2M
    P/E Ratio
    41.4
    5-Yr Total Return
    -39%
    52-Week Range
    $9.57 – $10.82
    Dividend Safety
    D · 48/100
    Ever Cut?
    Yes (2023)
    NDMO ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.70 / yr per share

    Per payment (monthly)$5.83
    Annual$70.00
    Monthly avg$5.83