
Nuveen New York AMT-Free Quality Municipal Income Fund
NRKFinancial Services · Stock · monthly payer
$10.53
Add to PortfolioForward Yield
7.46%
Annual Dividend
$0.79
Payout Ratio
259%
5-Yr Growth
7.5%
Ex-Date
Jun 15, 2026
Frequency
Monthly
NRK Dividend Safety Score
Risky
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 NRK a good dividend stock?
MixedNuveen New York AMT-Free Quality Municipal Income Fund (NRK) pays a monthly dividend yielding 7.46% ($0.79/yr), with 2 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 7.5% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Elevated payout ratio (259%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.46%
- Payout Ratio
- 259%
- Annual Dividend
- $0.79
- 5-Yr Avg Growth
- 7.5%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.64
- Market Cap
- $918.6M
- P/E Ratio
- 32.9
- 5-Yr Total Return
- -26%
- 52-Week Range
- $9.30 – $10.77
- Dividend Safety
- D · 48/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0690 | regular |
| Apr 15, 2026 | — | $0.0690 | regular |
| Mar 13, 2026 | — | $0.0690 | regular |
| Feb 13, 2026 | — | $0.0690 | regular |
| Jan 15, 2026 | — | $0.0690 | regular |
| Dec 15, 2025 | — | $0.0690 | regular |
| Nov 14, 2025 | — | $0.0690 | regular |
| Oct 15, 2025 | — | $0.0690 | regular |
| Sep 15, 2025 | — | $0.0690 | regular |
| Aug 15, 2025 | — | $0.0690 | regular |
| Jul 15, 2025 | — | $0.0690 | regular |
| Jun 13, 2025 | — | $0.0690 | regular |
| May 15, 2025 | — | $0.0690 | regular |
| Apr 15, 2025 | — | $0.0690 | regular |
Income Calculator
At $0.79 / yr per share




