Nuveen Minnesota Quality Municipal Income Fund (NMS) Dividend Calculator
Nuveen Minnesota Quality Municipal Income Fund · how much NMS pays you, by shares or dollars · updated
100 shares of Nuveen Minnesota Quality Municipal Income Fund (NMS) pay $76.00 a year in dividends, about $6.30 each month, at the current monthly dividend of $0.0630 per share (as of Nov 5, 2026). At the $10.53 share price that is a 7.22% yield, so $10,000 buys about 949.7 shares and pays about $722 a year.
Per share, a year
$0.76
100 shares, a year
$76.00
$10,000 invested, a year
$721.75
Shares for $1,000 a month
15,790
NMS Nuveen Minnesota Quality Municipal Income Fund
$10.53 · $0.76/yr dividend · 7.17% yield · monthly
Annual income
$76.00
Monthly (average)
$6.33
Per payment (monthly)
$6.33
Dividend yield
7.22%
Yield on cost
—
Enter your cost
Position value
$1,053
Your payments over the next 12 months
Based on NMS's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 7.9% a year
Same shares, no reinvestment. Year 10: $151 · 10-year total: $1,096. Add reinvestment in the DRIP calculator →
How many NMS shares for a monthly income
Shares and money needed to earn each monthly amount from Nuveen Minnesota Quality 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 | 1,579 | $16,627 |
| $250 a month | 3,948 | $41,572 |
| $500 a month | 7,895 | $83,134 |
| $1,000 a month | 15,790 | $166,269 |
| $2,000 a month | 31,579 | $332,527 |
| $5,000 a month | 78,948 | $831,322 |
What 100 shares of NMS paid each year
Holding 100 shares, you would have received $80.60 in 2016 and $86.00 in 2025, up 7%, without buying another share. If the dividend kept growing 7.9% a year, its five-year pace, the same 100 shares would pay about $151 in year 10. That is a projection, not a promise.
How the NMS dividend is calculated
Yearly income = shares × $0.76
Each payment = shares × $0.0630
Shares for a monthly income = (monthly goal × 12) ÷ $0.76
The rate is Nuveen Minnesota Quality Municipal Income Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the NMS dividend safety grade before counting on it.
Key facts: Nuveen Minnesota Quality Municipal Income Fund (NMS) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of Nuveen Minnesota Quality Municipal Income Fund (NMS) pay $76.00 a year in dividends before tax, about $6.30 each month, at $0.76 per share a year.
- At its Nov 5, 2026 share price of $10.53, NMS yields 7.22%: $10,000 buys about 949.7 shares, which pay about $721.75 a year.
- Earning $1,000 a month ($12,000 a year) from NMS dividends alone takes about 15,790 shares, roughly $166,269 at today's price, before tax.
- 100 shares of NMS paid $80.60 in dividends in 2016 and $86.00 in 2025, up 7%.
Cite this page
SmarterDividends, "Nuveen Minnesota Quality Municipal Income Fund (NMS) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NMS/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of NMS pay?
As of Nov 5, 2026, 100 shares of Nuveen Minnesota Quality Municipal Income Fund (NMS) pay $76.00 a year in dividends before tax, about $6.30 each month, at $0.76 per share a year.
How much dividend does 1,000 shares of NMS pay?
About $760 a year before tax, or $63.00 each month, at Nuveen Minnesota Quality Municipal Income Fund's current rate of $0.76 per share a year. Buying 1,000 shares costs about $10,530 at the Nov 5, 2026 price.
How many shares of NMS do I need to make $1,000 a month?
About 15,790 shares. $1,000 a month is $12,000 a year; divided by $0.76 a share, that's 15,790 shares, or about $166,269 at today's $10.53 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in NMS to make $100 a month?
About $16,626. $100 a month is $1,200 a year, and at a 7.22% yield that takes $16,626, or about 1,579 shares.
How often does Nuveen Minnesota Quality Municipal Income Fund pay dividends?
Nuveen Minnesota Quality Municipal Income Fund (NMS) pays every month, so you get 12 payments a year of about $0.0630 per share each.
How is the NMS dividend calculated?
Multiply your shares by the dividend per share. Nuveen Minnesota Quality Municipal Income Fund pays about $0.76 per share a year, so each share earns $0.76 a year and $0.0630 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are NMS 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 NMS