Nuveen California 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 California AMT-Free Quality Municipal Income Fund (NKX) pays a monthly dividend yielding 6.86% ($0.86/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

6.86%

Payout Ratio

212%

Annual Dividend

$0.86

5-Yr Avg Growth

6.7%

Ex-Dividend Date

Jun 15, 2026

Years of Growth

2

Frequency

monthly

Beta

0.62

Market Cap

$673.4M

P/E Ratio

29.3

5-Yr Total Return

-23%

52-Week Range

$11.44 – $13.20

Dividend Safety

C · 50/100

Ever Cut?

Yes (2023)

Frequently Asked Questions