SmarterDividends
NUV

Nuveen Municipal Value Fund, Inc.

NUV

Financial Services · Asset Management · Stock · monthly payer

$8.28

Overvalued · -27% Add to Portfolio

Forward Yield

4.71%

Annual Dividend

$0.39

Payout Ratio

76%

5-Yr Growth

1.3%

Ex-Date

Oct 15, 2026

Frequency

Monthly

Key facts about NUV's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 14, 2026, Nuveen Municipal Value Fund, Inc. (NUV) has a forward dividend yield of 4.71%, based on an annual dividend of $0.39 per share and a share price of $8.28.
  • As of Oct 14, 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 Oct 14, 2026.
  • NUV last cut its regular dividend in 2022.
  • NUV's next ex-dividend date is Oct 15, 2026, with payment on Nov 2, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 14, 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 Oct 14, 2026, NUV's 4.71% yield is 22% above its five-year average yield of 3.87%.
  • As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for NUV is $6.03 per share, 27% below the $8.28 share price, so NUV screens as overvalued.
  • Nuveen Municipal Value Fund, Inc. (NUV) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "NUV Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/NUV

Summary

As of Oct 14, 2026, Nuveen Municipal Value Fund, Inc. (NUV) yields 4.71% ($0.39 a year per share), has a dividend safety grade of C (65/100) and has 3 consecutive years of dividend increases on record.

Is NUV a good dividend stock?

Yes, with caveats

Nuveen Municipal Value Fund, Inc. (NUV) pays a monthly dividend yielding 4.71% ($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
    4.71%
    Payout Ratio
    76%
    Annual Dividend
    $0.39
    5-Yr Avg Growth
    1.3%
    Ex-Dividend Date
    Oct 15, 2026
    Years of Growth
    3
    Frequency
    monthly
    Beta
    0.38
    Market Cap
    $1.7B
    P/E Ratio
    16.2
    5-Yr Total Return
    -26%
    52-Week Range
    $8.02 – $9.26
    Dividend Safety
    C · 65/100
    Ever Cut?
    Yes (2022)
    NUV ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →NUV dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is NUV a good dividend stock?

    Yes, with caveats. Nuveen Municipal Value Fund, Inc. (NUV) pays a monthly dividend yielding 4.71% ($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 $8.28 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 $8.28 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 4.71% ($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 4.71%.

    What is NUV's dividend yield?

    As of Oct 14, 2026, NUV's forward dividend yield is 4.71%, based on a $0.39 annual dividend and a $8.28 share price.

    What is NUV's dividend per share?

    As of Oct 14, 2026, NUV pays $0.39 per share per year, distributed on a monthly basis.

    What is NUV's dividend payout ratio?

    As of Oct 14, 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 Oct 14, 2026, NUV has increased its dividend for 3 consecutive years.

    When is the next NUV ex-dividend date?

    As of Oct 14, 2026, the next ex-dividend date on record for NUV is Oct 15, 2026.

    Income Calculator

    At $0.39 / yr per share

    Per payment (monthly)$3.24
    Annual$38.90
    Monthly avg$3.24

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