SmarterDividends
NUV

Nuveen Municipal Value Fund (NUV) Dividend

Nuveen Municipal Value Fund, Inc. · Financial Services · Asset Management · monthly payer

$8.25

Overvalued · -27% Add to Portfolio

As of Nov 13, 2026, Nuveen Municipal Value Fund (NUV) pays a monthly dividend of $0.0330 per share, or $0.39 a year, a 4.73% yield at its $8.25 share price. It pays every month. It has raised its dividend 3 years in a row and has a dividend safety grade of C.

Forward Yield

4.73%

Annual Dividend

$0.39

Payout Ratio

76%

5-Yr Growth

1.3%

Ex-Date

Sep 15, 2026

Frequency

Monthly

Get an email when Nuveen Municipal Value Fund declares its next dividend

The amount, the ex-date and the last day to buy, the morning after it's announced. Free account, no card.

Key facts about NUV's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 13, 2026, Nuveen Municipal Value Fund, Inc. (NUV) has a forward dividend yield of 4.73%, based on an annual dividend of $0.39 per share and a share price of $8.25.
  • As of Nov 13, 2026, NUV's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Nuveen Municipal Value Fund, Inc. (NUV) has raised its dividend for 3 consecutive years as of Nov 13, 2026.
  • NUV last cut its regular dividend in 2022.
  • NUV's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.0330 per share.
  • As of Nov 13, 2026, NUV pays out 76% of its trailing 12-month earnings as dividends (its payout ratio).
  • NUV's dividend has grown at an average rate of 1.3% a year over the past five years.
  • As of Nov 13, 2026, NUV's 4.73% yield is 22% above its five-year average yield of 3.87%.
  • As of Nov 13, 2026, SmarterDividends' blended fair-value estimate for NUV is $6.03 per share, 27% below the $8.25 share price, so NUV screens as overvalued.
  • Nuveen Municipal Value Fund, Inc. (NUV) pays its dividend monthly, 12 times a year.
  • Nuveen Municipal Value Fund, Inc. (NUV) has raised its regular dividend 19 times and cut it 24 times across the 470 payments on record since 1987. Its most recent change was a 6.5% increase to $0.0330 per share, going ex-dividend on Dec 13, 2024. The last cut went ex-dividend on Jul 14, 2021.
Cite this page

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

Is NUV a good dividend stock?

Yes, with caveats

Nuveen Municipal Value Fund, Inc. (NUV) pays a monthly dividend yielding 4.73% ($0.39/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2022
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    4.73%
    Payout Ratio
    76%
    Annual Dividend
    $0.39
    5-Yr Avg Growth
    1.3%
    Ex-Dividend Date
    Sep 15, 2026
    Years of Growth
    3
    Frequency
    monthly
    Beta
    0.38
    Market Cap
    $1.7B
    P/E Ratio
    16.2
    5-Yr Total Return
    -19%
    52-Week Range
    $8.02 – $9.26
    Dividend Safety
    C · 65/100
    Ever Cut?
    Yes (2022)

    NUV dividend raises and cuts

    Nuveen Municipal Value Fund, Inc. (NUV) has raised its regular dividend 19 times and cut it 24 times across the 470 payments on record since 1987. Its most recent change was a 6.5% increase to $0.0330 per share, going ex-dividend on Dec 13, 2024. The last cut went ex-dividend on Jul 14, 2021.

    Ex-dateChangeOld → newMove
    Dec 13, 2024Raise$0.0310 → $0.0330+6.5%
    Sep 13, 2024Raise$0.0290 → $0.0310+6.9%
    Oct 12, 2023Raise$0.0280 → $0.0290+3.6%
    Jul 14, 2021Cut$0.0310 → $0.0280−9.7%
    Jan 11, 2018Cut$0.0470 → $0.0310−34.0%
    Dec 14, 2017Raise$0.0330 → $0.0470+42.4%
    Jan 11, 2017Cut$0.0350 → $0.0330−5.7%
    Dec 13, 2016Raise$0.0330 → $0.0350+6.1%
    Jan 13, 2016Cut$0.0340 → $0.0330−2.9%
    Dec 11, 2015Raise$0.0330 → $0.0340+3.0%
    Jun 11, 2015Cut$0.0350 → $0.0330−5.7%
    Sep 11, 2014Cut$0.0360 → $0.0350−2.8%
    Show all 43 changes since 1987
    Ex-dateChangeOld → newMove
    Mar 12, 2014Cut$0.0370 → $0.0360−2.7%
    Sep 12, 2012Cut$0.0390 → $0.0370−5.1%
    Jan 13, 2009Cut$0.0410 → $0.0390−4.9%
    Dec 11, 2008Raise$0.0390 → $0.0410+5.1%
    Jun 14, 2004Cut$0.0400 → $0.0390−2.5%
    Sep 11, 2003Cut$0.0410 → $0.0400−2.4%
    Jan 13, 2003Cut$0.0430 → $0.0410−4.7%
    Jul 13, 1999Raise$0.0420 → $0.0430+2.4%
    Nov 10, 1998Cut$0.0430 → $0.0420−2.3%
    May 13, 1998Cut$0.0460 → $0.0430−6.5%
    Nov 12, 1997Cut$0.0480 → $0.0460−4.2%
    May 13, 1997Cut$0.0490 → $0.0480−2.0%
    Nov 13, 1996Cut$0.0510 → $0.0490−3.9%
    Feb 13, 1996Cut$0.0520 → $0.0510−1.9%
    Jul 12, 1995Cut$0.0550 → $0.0520−5.5%
    Feb 9, 1994Cut$0.0560 → $0.0550−1.8%
    Jan 10, 1994Cut$0.0570 → $0.0560−1.8%
    Nov 8, 1993Raise$0.0560 → $0.0570+1.8%
    May 10, 1993Cut$0.0580 → $0.0560−3.4%
    Oct 8, 1992Cut$0.0590 → $0.0580−1.7%
    Oct 6, 1989Cut$0.0600 → $0.0590−1.7%
    Feb 9, 1989Raise$0.0590 → $0.0600+1.7%
    Jul 11, 1988Raise$0.0580 → $0.0590+1.7%
    May 9, 1988Raise$0.0570 → $0.0580+1.8%
    Mar 9, 1988Raise$0.0560 → $0.0570+1.8%
    Feb 8, 1988Raise$0.0550 → $0.0560+1.8%
    Jan 11, 1988Raise$0.0520 → $0.0550+5.8%
    Dec 9, 1987Raise$0.0510 → $0.0520+2.0%
    Nov 6, 1987Raise$0.0470 → $0.0510+8.5%
    Oct 8, 1987Raise$0.0440 → $0.0470+6.8%
    Sep 9, 1987Raise$0.0400 → $0.0440+10.0%
    Every NUV payment →Download every raise and cut (CSV)
    NUV ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →NUV dividend historyEvery payment, totals by year, raises and cutsView →NUV dividend calculator100 shares pay $39.00 a year, $3.25 each monthCalculate →NUV total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is NUV a good dividend stock?

    Yes, with caveats. Nuveen Municipal Value Fund, Inc. (NUV) pays a monthly dividend yielding 4.73% ($0.39/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

    Is NUV undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NUV's fair value is about $6.03 versus a $8.25 share price — so it looks overvalued (-27% vs. fair value).

    Is NUV's dividend safe?

    NUV has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is NUV's fair value?

    Our blended fair-value estimate for NUV is about $6.03 per share, about 27% below the current $8.25 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is NUV a buy, hold, or sell?

    We don't issue formal ratings, but on the data NUV screens as "yes, with caveats" and overvalued. Nuveen Municipal Value Fund, Inc. (NUV) pays a monthly dividend yielding 4.73% ($0.39/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

    Will NUV cut its dividend?

    NUV earns a dividend-safety grade of C (65/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does NUV pay a dividend?

    Yes. Nuveen Municipal Value Fund, Inc. pays a monthly dividend of about $0.39 per share annually, a forward yield of roughly 4.73%.

    How much dividend does 100 shares of NUV pay?

    At $0.39 per share a year, 100 shares of NUV pay $39.00 a year in dividends before tax, about $3.25 each month. Buying them costs about $825 at the Nov 13, 2026 price.

    What is NUV's dividend yield?

    As of Nov 13, 2026, NUV's forward dividend yield is 4.73%, based on a $0.39 annual dividend and a $8.25 share price.

    What is NUV's dividend per share?

    As of Nov 13, 2026, NUV pays $0.39 per share per year, distributed on a monthly basis.

    What is NUV's dividend payout ratio?

    As of Nov 13, 2026, NUV's payout ratio is 76% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has NUV grown its dividend?

    As of Nov 13, 2026, NUV has increased its dividend for 3 consecutive years.

    When is the next NUV ex-dividend date?

    As of Nov 13, 2026, NUV's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.0330 per share.

    Income Calculator

    At $0.39 / yr per share

    Per payment (monthly)$3.25
    Annual$39.00
    Monthly avg$3.25
    Full NUV dividend calculator →

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