Nuveen Select Maturities Municipal Fund
NIMFinancial Services · Stock · monthly payer
Forward Yield
3.93%
Annual Dividend
$0.35
Payout Ratio
90%
5-Yr Growth
1.0%
Ex-Date
Aug 14, 2026
Frequency
Monthly
Summary
As of September 2026, Nuveen Select Maturities Municipal Fund (NIM) yields 3.93% ($0.35 per share annually), with a blended fair-value estimate of $5.59 — -37% downside, so it screens as overvalued. Dividend safety grade: C (62/100). 3 years of dividend growth.
Is NIM a good dividend stock?
Yes, with caveatsNuveen Select Maturities Municipal Fund (NIM) pays a monthly dividend yielding 3.93% ($0.35/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2022
- Elevated payout ratio (90%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.93%
- Payout Ratio
- 90%
- Annual Dividend
- $0.35
- 5-Yr Avg Growth
- 1.0%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 3
- Frequency
- monthly
- Beta
- 0.21
- Market Cap
- $109.6M
- P/E Ratio
- 23.2
- 5-Yr Total Return
- -17%
- 52-Week Range
- $8.77 – $9.94
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
NIM Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+4%
5 Years
-17%
52-Week Range
$8.77 – $9.94
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NIM worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Nuveen Select Maturities Municipal Fund is $5.59 per share, versus a market price of $8.88. That implies 37% of downside.
Fair Value
$5.59
Current Price
$8.88
Downside
-37%
Margin of Safety
-59%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), 0.7% stage-1 growth, 2.5% terminal growth, $0.38 EPS, $0.35 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NIM Dividend Safety Score
Borderline
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
Dividend History
Full NIM dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | — | $0.0290 | regular |
| Aug 14, 2026 | — | $0.0290 | regular |
| Jul 15, 2026 | — | $0.0290 | regular |
| Jun 15, 2026 | — | $0.0290 | regular |
| May 15, 2026 | — | $0.0290 | regular |
| Apr 15, 2026 | — | $0.0290 | regular |
| Mar 13, 2026 | — | $0.0290 | regular |
| Feb 13, 2026 | — | $0.0290 | regular |
| Jan 15, 2026 | — | $0.0290 | regular |
| Dec 15, 2025 | — | $0.0290 | regular |
| Nov 14, 2025 | — | $0.0290 | regular |
| Oct 15, 2025 | — | $0.0290 | regular |
| Sep 15, 2025 | — | $0.0290 | regular |
| Aug 15, 2025 | — | $0.0280 | regular |
Income Calculator
At $0.35 / yr per share
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