SmarterDividends
NPV

Nuveen Virginia Quality Municipal Income Fund (NPV) Dividend

Nuveen Virginia Quality Municipal Income Fund · Financial Services · Asset Management · monthly payer

$9.64

Undervalued · +140% Add to Portfolio

As of Nov 13, 2026, Nuveen Virginia Quality Municipal Income Fund (NPV) pays a monthly dividend of $0.0620 per share, or $0.74 a year, a 7.66% yield at its $9.64 share price. It pays every month. It has raised its dividend 2 years in a row and has a dividend safety grade of C.

Forward Yield

7.66%

Annual Dividend

$0.74

Payout Ratio

70%

5-Yr Growth

8.4%

Ex-Date

Sep 15, 2026

Frequency

Monthly

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Key facts about NPV's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 13, 2026, Nuveen Virginia Quality Municipal Income Fund (NPV) has a forward dividend yield of 7.66%, based on an annual dividend of $0.74 per share and a share price of $9.64.
  • As of Nov 13, 2026, NPV's dividend safety grade from SmarterDividends is C (51 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Nuveen Virginia Quality Municipal Income Fund (NPV) has raised its dividend for 2 consecutive years as of Nov 13, 2026.
  • NPV last cut its regular dividend in 2023.
  • NPV's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.0620 per share.
  • As of Nov 13, 2026, NPV pays out 70% of its trailing 12-month earnings as dividends (its payout ratio).
  • NPV's dividend has grown at an average rate of 8.4% a year over the past five years.
  • As of Nov 13, 2026, NPV's 7.66% yield is 52% above its five-year average yield of 5.04%.
  • As of Nov 13, 2026, SmarterDividends' blended fair-value estimate for NPV is $23.11 per share, 140% above the $9.64 share price, so NPV screens as undervalued.
  • Nuveen Virginia Quality Municipal Income Fund (NPV) pays its dividend monthly, 12 times a year.
  • Nuveen Virginia Quality Municipal Income Fund (NPV) has raised its regular dividend 28 times and cut it 27 times across the 390 payments on record since 1993. Its most recent change was a 4.6% cut to $0.0620 per share, going ex-dividend on Jun 15, 2026.
Cite this page

SmarterDividends, "NPV Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 13, 2026, https://smarterdividends.com/stocks/NPV

Is NPV a good dividend stock?

Mixed

Nuveen Virginia Quality Municipal Income Fund (NPV) pays a monthly dividend yielding 7.66% ($0.74/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 8.4% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.66%
Payout Ratio
70%
Annual Dividend
$0.74
5-Yr Avg Growth
8.4%
Ex-Dividend Date
Sep 15, 2026
Years of Growth
2
Frequency
monthly
Beta
0.77
Market Cap
$188.6M
P/E Ratio
8.3
5-Yr Total Return
-41%
52-Week Range
$9.05 – $11.81
Dividend Safety
C · 51/100
Ever Cut?
Yes (2023)

NPV dividend raises and cuts

Nuveen Virginia Quality Municipal Income Fund (NPV) has raised its regular dividend 28 times and cut it 27 times across the 390 payments on record since 1993. Its most recent change was a 4.6% cut to $0.0620 per share, going ex-dividend on Jun 15, 2026.

Ex-dateChangeOld → newMove
Jun 15, 2026Cut$0.0650 → $0.0620−4.6%
Sep 15, 2025Cut$0.0720 → $0.0650−9.7%
Jun 14, 2024Raise$0.0450 → $0.0720+60.0%
Mar 14, 2024Raise$0.0370 → $0.0450+21.6%
Nov 14, 2023Raise$0.0340 → $0.0370+8.8%
Apr 13, 2023Cut$0.0360 → $0.0340−5.6%
Jan 12, 2023Cut$0.0440 → $0.0360−18.2%
Oct 13, 2022Cut$0.0490 → $0.0440−10.2%
Oct 14, 2020Raise$0.0470 → $0.0490+4.3%
May 14, 2020Raise$0.0440 → $0.0470+6.8%
Sep 13, 2018Cut$0.0460 → $0.0440−4.3%
Mar 13, 2017Cut$0.0480 → $0.0460−4.2%
Show all 55 changes since 1995
Ex-dateChangeOld → newMove
Dec 13, 2016Cut$0.0500 → $0.0480−4.0%
Sep 13, 2016Cut$0.0550 → $0.0500−9.1%
Jan 13, 2016Cut$0.0610 → $0.0550−9.8%
Dec 11, 2015Raise$0.0570 → $0.0610+7.0%
Sep 11, 2015Cut$0.0610 → $0.0570−6.6%
Dec 11, 2014Cut$0.0640 → $0.0610−4.7%
Jul 11, 2014Raise$0.0620 → $0.0640+3.2%
Jan 13, 2014Raise$0.0590 → $0.0620+5.1%
Oct 10, 2013Cut$0.0600 → $0.0590−1.7%
Sep 11, 2013Raise$0.0590 → $0.0600+1.7%
Apr 11, 2013Cut$0.0600 → $0.0590−1.7%
Mar 13, 2013Cut$0.0620 → $0.0600−3.2%
Jan 11, 2013Raise$0.0010 → $0.0620+6100.0%
Dec 12, 2012Cut$0.0660 → $0.0010−98.5%
Oct 11, 2012Raise$0.0650 → $0.0660+1.5%
Jun 13, 2012Cut$0.0670 → $0.0650−3.0%
Jan 13, 2010Raise$0.0650 → $0.0670+3.1%
Sep 11, 2009Raise$0.0610 → $0.0650+6.6%
May 13, 2009Raise$0.0560 → $0.0610+8.9%
Mar 11, 2009Raise$0.0540 → $0.0560+3.7%
Sep 11, 2008Raise$0.0530 → $0.0540+1.9%
Jun 13, 2007Cut$0.0570 → $0.0530−7.0%
Mar 13, 2007Cut$0.0590 → $0.0570−3.4%
Jun 13, 2006Cut$0.0620 → $0.0590−4.8%
Mar 13, 2006Cut$0.0660 → $0.0620−6.1%
Jan 11, 2006Cut$0.0720 → $0.0660−8.3%
Dec 13, 2005Raise$0.0690 → $0.0720+4.3%
Jun 13, 2005Cut$0.0730 → $0.0690−5.5%
Mar 11, 2005Cut$0.0760 → $0.0730−3.9%
Mar 12, 2003Raise$0.0740 → $0.0760+2.7%
Sep 11, 2002Raise$0.0730 → $0.0740+1.4%
Dec 12, 2001Raise$0.0720 → $0.0730+1.4%
Oct 11, 2001Raise$0.0690 → $0.0720+4.3%
Jun 13, 2001Raise$0.0680 → $0.0690+1.5%
May 11, 2001Cut$0.0690 → $0.0680−1.4%
Mar 13, 2001Raise$0.0670 → $0.0690+3.0%
Jun 13, 2000Cut$0.0700 → $0.0670−4.3%
May 12, 1999Raise$0.0680 → $0.0700+2.9%
Nov 13, 1996Raise$0.0670 → $0.0680+1.5%
Aug 13, 1996Raise$0.0660 → $0.0670+1.5%
Feb 13, 1996Raise$0.0650 → $0.0660+1.5%
Oct 11, 1995Cut$0.0680 → $0.0650−4.4%
Sep 13, 1995Raise$0.0650 → $0.0680+4.6%
Every NPV payment →Download every raise and cut (CSV)
NPV ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →NPV dividend historyEvery payment, totals by year, raises and cutsView →NPV dividend calculator100 shares pay $74.00 a year, $6.17 each monthCalculate →NPV total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is NPV a good dividend stock?

Mixed. Nuveen Virginia Quality Municipal Income Fund (NPV) pays a monthly dividend yielding 7.66% ($0.74/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.

Is NPV undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NPV's fair value is about $23.11 versus a $9.64 share price — so it looks undervalued (+140% vs. fair value).

Is NPV's dividend safe?

NPV has a dividend-safety grade of C (51/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is NPV's fair value?

Our blended fair-value estimate for NPV is about $23.11 per share, roughly 140% above the current $9.64 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NPV a buy, hold, or sell?

We don't issue formal ratings, but on the data NPV screens as "mixed" and undervalued. Nuveen Virginia Quality Municipal Income Fund (NPV) pays a monthly dividend yielding 7.66% ($0.74/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. This is research for your own analysis, not investment advice.

Will NPV cut its dividend?

NPV earns a dividend-safety grade of C (51/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NPV pay a dividend?

Yes. Nuveen Virginia Quality Municipal Income Fund pays a monthly dividend of about $0.74 per share annually, a forward yield of roughly 7.66%.

How much dividend does 100 shares of NPV pay?

At $0.74 per share a year, 100 shares of NPV pay $74.00 a year in dividends before tax, about $6.17 each month. Buying them costs about $964 at the Nov 13, 2026 price.

What is NPV's dividend yield?

As of Nov 13, 2026, NPV's forward dividend yield is 7.66%, based on a $0.74 annual dividend and a $9.64 share price.

What is NPV's dividend per share?

As of Nov 13, 2026, NPV pays $0.74 per share per year, distributed on a monthly basis.

What is NPV's dividend payout ratio?

As of Nov 13, 2026, NPV's payout ratio is 70% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has NPV grown its dividend?

As of Nov 13, 2026, NPV has increased its dividend for 2 consecutive years.

When is the next NPV ex-dividend date?

As of Nov 13, 2026, NPV's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.0620 per share.

Income Calculator

At $0.74 / yr per share

Per payment (monthly)$6.17
Annual$74.00
Monthly avg$6.17
Full NPV dividend calculator →

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