SmarterDividends
NDMO

Nuveen Dynamic Municipal Opportunities Fund (NDMO) Dividend

Nuveen Dynamic Municipal Opportunities Fund · Financial Services · Asset Management · monthly payer

$9.26

Overvalued · -23% Add to Portfolio

As of Nov 8, 2026, Nuveen Dynamic Municipal Opportunities Fund (NDMO) pays a monthly dividend of $0.0590 per share, or $0.70 a year, a 7.58% yield at its $9.26 share price. It pays every month. It has a dividend safety grade of D.

Forward Yield

7.58%

Annual Dividend

$0.70

Payout Ratio

122%

5-Yr Growth

-4.2%

Ex-Date

Sep 15, 2026

Frequency

Monthly

Key facts about NDMO's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Nuveen Dynamic Municipal Opportunities Fund (NDMO) has a forward dividend yield of 7.58%, based on an annual dividend of $0.70 per share and a share price of $9.26.
  • As of Nov 8, 2026, NDMO's dividend safety grade from SmarterDividends is D (47 out of 100), which rates the dividend as unsafe.
  • NDMO last cut its regular dividend in 2023.
  • NDMO's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.0590 per share.
  • As of Nov 8, 2026, NDMO pays out 122% of its trailing 12-month earnings as dividends (its payout ratio).
  • NDMO's dividend has shrunk at an average rate of 4.2% a year over the past five years.
  • As of Nov 8, 2026, NDMO's 7.58% yield is 16% above its five-year average yield of 6.55%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for NDMO is $7.16 per share, 23% below the $9.26 share price, so NDMO screens as overvalued.
  • Nuveen Dynamic Municipal Opportunities Fund (NDMO) pays its dividend monthly, 12 times a year.
  • Nuveen Dynamic Municipal Opportunities Fund (NDMO) has raised its regular dividend 0 times and cut it 2 times across the 68 payments on record since 2020. Its most recent change was a 4.8% cut to $0.0590 per share, going ex-dividend on Jun 15, 2026.
Cite this page

SmarterDividends, "NDMO Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/NDMO

Is NDMO a good dividend stock?

Mixed

Nuveen Dynamic Municipal Opportunities Fund (NDMO) pays a monthly dividend yielding 7.58% ($0.70/yr), with 0 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 (122%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    7.58%
    Payout Ratio
    122%
    Annual Dividend
    $0.70
    5-Yr Avg Growth
    -4.2%
    Ex-Dividend Date
    Sep 15, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    —
    Market Cap
    $560.1M
    P/E Ratio
    15.2
    5-Yr Total Return
    -41%
    52-Week Range
    $8.50 – $10.82
    Dividend Safety
    D · 47/100
    Ever Cut?
    Yes (2023)

    NDMO dividend raises and cuts

    Nuveen Dynamic Municipal Opportunities Fund (NDMO) has raised its regular dividend 0 times and cut it 2 times across the 68 payments on record since 2020. Its most recent change was a 4.8% cut to $0.0590 per share, going ex-dividend on Jun 15, 2026.

    Ex-dateChangeOld → newMove
    Jun 15, 2026Cut$0.0620 → $0.0590−4.8%
    Mar 14, 2023Cut$0.0770 → $0.0620−19.5%
    Every NDMO payment →Download every raise and cut (CSV)
    NDMO ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →NDMO dividend historyEvery payment, totals by year, raises and cutsView →NDMO dividend calculator100 shares pay $70.00 a year, $5.83 each monthCalculate →NDMO total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is NDMO a good dividend stock?

    Mixed. Nuveen Dynamic Municipal Opportunities Fund (NDMO) pays a monthly dividend yielding 7.58% ($0.70/yr), with 0 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 NDMO undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NDMO's fair value is about $7.16 versus a $9.26 share price — so it looks overvalued (-23% vs. fair value).

    Is NDMO's dividend safe?

    NDMO has a dividend-safety grade of D (47/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is NDMO's fair value?

    Our blended fair-value estimate for NDMO is about $7.16 per share, about 23% below the current $9.26 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is NDMO a buy, hold, or sell?

    We don't issue formal ratings, but on the data NDMO screens as "mixed" and overvalued. Nuveen Dynamic Municipal Opportunities Fund (NDMO) pays a monthly dividend yielding 7.58% ($0.70/yr), with 0 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 NDMO cut its dividend?

    NDMO earns a dividend-safety grade of D (47/100), 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 NDMO pay a dividend?

    Yes. Nuveen Dynamic Municipal Opportunities Fund pays a monthly dividend of about $0.70 per share annually, a forward yield of roughly 7.58%.

    How much dividend does 100 shares of NDMO pay?

    At $0.70 per share a year, 100 shares of NDMO pay $70.00 a year in dividends before tax, about $5.83 each month. Buying them costs about $926 at the Nov 8, 2026 price.

    What is NDMO's dividend yield?

    As of Nov 8, 2026, NDMO's forward dividend yield is 7.58%, based on a $0.70 annual dividend and a $9.26 share price.

    What is NDMO's dividend per share?

    As of Nov 8, 2026, NDMO pays $0.70 per share per year, distributed on a monthly basis.

    What is NDMO's dividend payout ratio?

    As of Nov 8, 2026, NDMO's payout ratio is 122% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has NDMO grown its dividend?

    NDMO does not currently have a long dividend-growth streak on record.

    When is the next NDMO ex-dividend date?

    As of Nov 8, 2026, NDMO's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.0590 per share.

    Income Calculator

    At $0.70 / yr per share

    Per payment (monthly)$5.83
    Annual$70.00
    Monthly avg$5.83
    Full NDMO dividend calculator →

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