SmarterDividends
NMAI

Nuveen Multi-Asset Income Fund

NMAI

Financial Services · Stock · monthly payer

Forward Yield

9.99%

Annual Dividend

$1.39

Payout Ratio

58%

5-Yr Growth

Ex-Date

Jun 15, 2026

Frequency

Monthly

NMAI Dividend Safety Score

54/ 100
Grade C

Borderline

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2026
Earnings payout coverage58% 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 NMAI a good dividend stock?

Mixed

Nuveen Multi-Asset Income Fund (NMAI) pays a monthly dividend yielding 9.99% ($1.39/yr), with 0 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

  • Comfortable payout ratio (58%)

Risks

  • Cut its dividend in 2025
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
9.99%
Payout Ratio
58%
Annual Dividend
$1.39
5-Yr Avg Growth
Ex-Dividend Date
Jun 15, 2026
Years of Growth
0
Frequency
monthly
Beta
Market Cap
$465.6M
P/E Ratio
5.7
5-Yr Total Return
52-Week Range
$11.99 – $14.38
Dividend Safety
C · 54/100
Ever Cut?
Yes (2025)
NMAI ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.39 / yr per share

Per payment (monthly)$11.58
Annual$139.00
Monthly avg$11.58