SmarterDividends
NIM

Nuveen Select Maturities Municipal Fund

NIM

Financial Services · Stock · monthly payer

Forward Yield

3.76%

Annual Dividend

$0.35

Payout Ratio

175%

5-Yr Growth

0.7%

Ex-Date

Jun 15, 2026

Frequency

Monthly

NIM Dividend Safety Score

52/ 100
Grade C

Borderline

Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage175% 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 NIM a good dividend stock?

Mixed

Nuveen Select Maturities Municipal Fund (NIM) pays a monthly dividend yielding 3.76% ($0.35/yr), with 3 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.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (175%)
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    3.76%
    Payout Ratio
    175%
    Annual Dividend
    $0.35
    5-Yr Avg Growth
    0.7%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    3
    Frequency
    monthly
    Beta
    0.20
    Market Cap
    $115.1M
    P/E Ratio
    44.0
    5-Yr Total Return
    -16%
    52-Week Range
    $8.93 – $9.94
    Dividend Safety
    C · 52/100
    Ever Cut?
    Yes (2022)
    NIM ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.35 / yr per share

    Per payment (monthly)$2.92
    Annual$35.00
    Monthly avg$2.92