
Nuveen Minnesota Quality Municipal Income Fund
NMSFinancial Services · Stock · monthly payer
$12.27
Add to PortfolioForward Yield
6.16%
Annual Dividend
$0.76
Payout Ratio
73%
5-Yr Growth
8.6%
Ex-Date
Jun 15, 2026
Frequency
Monthly
NMS 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
Is NMS a good dividend stock?
MixedNuveen Minnesota Quality Municipal Income Fund (NMS) pays a monthly dividend yielding 6.16% ($0.76/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.
Advantages
- Strong 8.6% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.16%
- Payout Ratio
- 73%
- Annual Dividend
- $0.76
- 5-Yr Avg Growth
- 8.6%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- —
- Market Cap
- $76.5M
- P/E Ratio
- —
- 5-Yr Total Return
- -25%
- 52-Week Range
- $11.07 – $12.49
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0670 | regular |
| Apr 15, 2026 | — | $0.0670 | regular |
| Mar 13, 2026 | — | $0.0670 | regular |
| Feb 13, 2026 | — | $0.0670 | regular |
| Jan 15, 2026 | — | $0.0670 | regular |
| Dec 15, 2025 | — | $0.0670 | regular |
| Nov 14, 2025 | — | $0.0670 | regular |
| Oct 15, 2025 | — | $0.0670 | regular |
| Sep 15, 2025 | — | $0.0670 | regular |
| Aug 15, 2025 | — | $0.0740 | regular |
| Jul 15, 2025 | — | $0.0740 | regular |
| Jun 13, 2025 | — | $0.0740 | regular |
| May 15, 2025 | — | $0.0740 | regular |
| Apr 15, 2025 | — | $0.0740 | regular |
Income Calculator
At $0.76 / yr per share




