Nuveen AMT-Free 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 AMT-Free Quality Municipal Income Fund (NEA) 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.

Key Data

Dividend Yield

7.06%

Payout Ratio

308%

Annual Dividend

$0.82

5-Yr Avg Growth

5.1%

Ex-Dividend Date

Jun 15, 2026

Years of Growth

2

Frequency

monthly

Beta

0.70

Market Cap

$3.5B

P/E Ratio

41.3

5-Yr Total Return

-27%

52-Week Range

$10.60 – $11.90

Dividend Safety

C · 50/100

Ever Cut?

Yes (2023)

Frequently Asked Questions