Nuveen Municipal Income Fund (NMI) Dividend Calculator
Nuveen Municipal Income Fund, Inc. · how much NMI pays you, by shares or dollars · updated
100 shares of Nuveen Municipal Income Fund (NMI) pay $46.00 a year in dividends, about $3.80 each month, at the current monthly dividend of $0.0380 per share (as of Nov 5, 2026). At the $9.50 share price that is a 4.84% yield, so $10,000 buys about 1,052.6 shares and pays about $484 a year.
Per share, a year
$0.46
100 shares, a year
$46.00
$10,000 invested, a year
$484.21
Shares for $1,000 a month
26,087
NMI Nuveen Municipal Income Fund, Inc.
$9.50 · $0.46/yr dividend · 4.82% yield · monthly
Annual income
$46.00
Monthly (average)
$3.83
Per payment (monthly)
$3.83
Dividend yield
4.84%
Yield on cost
—
Enter your cost
Position value
$950
Your payments over the next 12 months
Based on NMI's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 2.55% a year
Same shares, no reinvestment. Year 10: $58 · 10-year total: $517. Add reinvestment in the DRIP calculator →
How many NMI shares for a monthly income
Shares and money needed to earn each monthly amount from Nuveen Municipal Income Fund dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 2,609 | $24,786 |
| $250 a month | 6,522 | $61,959 |
| $500 a month | 13,044 | $123,918 |
| $1,000 a month | 26,087 | $247,827 |
| $2,000 a month | 52,174 | $495,653 |
| $5,000 a month | 130,435 | $1,239,133 |
What 100 shares of NMI paid each year
Holding 100 shares, you would have received $50.50 in 2016 and $45.60 in 2025, down 10%, without buying another share. If the dividend kept growing 2.6% a year, its five-year pace, the same 100 shares would pay about $58 in year 10. That is a projection, not a promise.
How the NMI dividend is calculated
Yearly income = shares × $0.46
Each payment = shares × $0.0380
Shares for a monthly income = (monthly goal × 12) ÷ $0.46
The rate is Nuveen Municipal Income Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the NMI dividend safety grade before counting on it.
Key facts: Nuveen Municipal Income Fund (NMI) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of Nuveen Municipal Income Fund (NMI) pay $46.00 a year in dividends before tax, about $3.80 each month, at $0.46 per share a year.
- At its Nov 5, 2026 share price of $9.50, NMI yields 4.84%: $10,000 buys about 1,052.6 shares, which pay about $484.21 a year.
- Earning $1,000 a month ($12,000 a year) from NMI dividends alone takes about 26,087 shares, roughly $247,827 at today's price, before tax.
- 100 shares of NMI paid $50.50 in dividends in 2016 and $45.60 in 2025, down 10%.
Cite this page
SmarterDividends, "Nuveen Municipal Income Fund (NMI) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NMI/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of NMI pay?
As of Nov 5, 2026, 100 shares of Nuveen Municipal Income Fund (NMI) pay $46.00 a year in dividends before tax, about $3.80 each month, at $0.46 per share a year.
How much dividend does 1,000 shares of NMI pay?
About $460 a year before tax, or $38.00 each month, at Nuveen Municipal Income Fund's current rate of $0.46 per share a year. Buying 1,000 shares costs about $9,500 at the Nov 5, 2026 price.
How many shares of NMI do I need to make $1,000 a month?
About 26,087 shares. $1,000 a month is $12,000 a year; divided by $0.46 a share, that's 26,087 shares, or about $247,827 at today's $9.50 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in NMI to make $100 a month?
About $24,783. $100 a month is $1,200 a year, and at a 4.84% yield that takes $24,783, or about 2,609 shares.
How often does Nuveen Municipal Income Fund pay dividends?
Nuveen Municipal Income Fund (NMI) pays every month, so you get 12 payments a year of about $0.0380 per share each.
How is the NMI dividend calculated?
Multiply your shares by the dividend per share. Nuveen Municipal Income Fund pays about $0.46 per share a year, so each share earns $0.46 a year and $0.0380 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are NMI dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to NMI