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NUW

Nuveen AMT-Free Municipal Value Fund (NUW) Dividend

Nuveen AMT-Free Municipal Value Fund · Financial Services · Asset Management · monthly payer

$13.71

Fairly valued · -14% Add to Portfolio

As of Nov 5, 2026, Nuveen AMT-Free Municipal Value Fund (NUW) pays a monthly dividend of $0.0490 per share, or $0.58 a year, a 4.24% yield at its $13.71 share price. It pays every month. It has raised its dividend 4 years in a row and has a dividend safety grade of C.

Forward Yield

4.24%

Annual Dividend

$0.58

Payout Ratio

67%

5-Yr Growth

4.7%

Ex-Date

Sep 15, 2026

Frequency

Monthly

Key facts about NUW's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Nuveen AMT-Free Municipal Value Fund (NUW) has a forward dividend yield of 4.24%, based on an annual dividend of $0.58 per share and a share price of $13.71.
  • As of Nov 5, 2026, NUW's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Nuveen AMT-Free Municipal Value Fund (NUW) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
  • NUW last cut its regular dividend in 2021.
  • NUW's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.0490 per share.
  • As of Nov 5, 2026, NUW pays out 67% of its trailing 12-month earnings as dividends (its payout ratio).
  • NUW's dividend has grown at an average rate of 4.7% a year over the past five years.
  • As of Nov 5, 2026, NUW's 4.24% yield is 12% above its five-year average yield of 3.78%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for NUW is $11.86 per share, 14% below the $13.71 share price, so NUW screens as fairly valued.
  • Nuveen AMT-Free Municipal Value Fund (NUW) pays its dividend monthly, 12 times a year.
  • Nuveen AMT-Free Municipal Value Fund (NUW) has raised its regular dividend 7 times and cut it 8 times across the 212 payments on record since 2009. Its most recent change was a 4.3% increase to $0.0490 per share, going ex-dividend on Dec 13, 2024. The last cut went ex-dividend on Mar 4, 2021.
Cite this page

SmarterDividends, "NUW Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/NUW

Is NUW a good dividend stock?

Yes, with caveats

Nuveen AMT-Free Municipal Value Fund (NUW) pays a monthly dividend yielding 4.24% ($0.58/yr), with 4 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 2021
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    4.24%
    Payout Ratio
    67%
    Annual Dividend
    $0.58
    5-Yr Avg Growth
    4.7%
    Ex-Dividend Date
    Sep 15, 2026
    Years of Growth
    4
    Frequency
    monthly
    Beta
    —
    Market Cap
    $246.1M
    P/E Ratio
    15.8
    5-Yr Total Return
    -17%
    52-Week Range
    $12.70 – $14.70
    Dividend Safety
    C · 62/100
    Ever Cut?
    Yes (2021)

    NUW dividend raises and cuts

    Nuveen AMT-Free Municipal Value Fund (NUW) has raised its regular dividend 7 times and cut it 8 times across the 212 payments on record since 2009. Its most recent change was a 4.3% increase to $0.0490 per share, going ex-dividend on Dec 13, 2024. The last cut went ex-dividend on Mar 4, 2021.

    Ex-dateChangeOld → newMove
    Dec 13, 2024Raise$0.0470 → $0.0490+4.3%
    Sep 13, 2024Raise$0.0430 → $0.0470+9.3%
    Oct 12, 2023Raise$0.0410 → $0.0430+4.9%
    Apr 13, 2023Raise$0.0390 → $0.0410+5.1%
    Apr 14, 2021Raise$0.0360 → $0.0390+8.3%
    Mar 17, 2021Raise$0.0030 → $0.0360+1100.0%
    Mar 4, 2021Cut$0.0390 → $0.0030−92.3%
    Dec 12, 2019Cut$0.0470 → $0.0390−17.0%
    Sep 12, 2019Cut$0.0560 → $0.0470−16.1%
    Jun 14, 2018Cut$0.0600 → $0.0560−6.7%
    Sep 13, 2016Cut$0.0650 → $0.0600−7.7%
    Jan 13, 2015Cut$0.0700 → $0.0650−7.1%
    Show all 15 changes since 2011
    Ex-dateChangeOld → newMove
    Dec 11, 2014Raise$0.0670 → $0.0700+4.5%
    Mar 13, 2012Cut$0.0710 → $0.0670−5.6%
    Dec 13, 2011Cut$0.0750 → $0.0710−5.3%
    Every NUW payment →Download every raise and cut (CSV)
    NUW ex-dividend date & scheduleNext ex-date Sep 15, 2026 · full ex-dividend historyView →NUW dividend historyEvery payment, totals by year, raises and cutsView →NUW dividend calculator100 shares pay $58.00 a year, $4.83 each monthCalculate →NUW total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is NUW a good dividend stock?

    Yes, with caveats. Nuveen AMT-Free Municipal Value Fund (NUW) pays a monthly dividend yielding 4.24% ($0.58/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

    Is NUW undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NUW's fair value is about $11.86 versus a $13.71 share price — so it looks fairly valued (-14% vs. fair value).

    Is NUW's dividend safe?

    NUW has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

    What is NUW's fair value?

    Our blended fair-value estimate for NUW is about $11.86 per share, about 14% below the current $13.71 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is NUW a buy, hold, or sell?

    We don't issue formal ratings, but on the data NUW screens as "yes, with caveats" and fairly valued. Nuveen AMT-Free Municipal Value Fund (NUW) pays a monthly dividend yielding 4.24% ($0.58/yr), with 4 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 NUW cut its dividend?

    NUW earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does NUW pay a dividend?

    Yes. Nuveen AMT-Free Municipal Value Fund pays a monthly dividend of about $0.58 per share annually, a forward yield of roughly 4.24%.

    How much dividend does 100 shares of NUW pay?

    At $0.58 per share a year, 100 shares of NUW pay $58.00 a year in dividends before tax, about $4.83 each month. Buying them costs about $1,371 at the Nov 5, 2026 price.

    What is NUW's dividend yield?

    As of Nov 5, 2026, NUW's forward dividend yield is 4.24%, based on a $0.58 annual dividend and a $13.71 share price.

    What is NUW's dividend per share?

    As of Nov 5, 2026, NUW pays $0.58 per share per year, distributed on a monthly basis.

    What is NUW's dividend payout ratio?

    As of Nov 5, 2026, NUW's payout ratio is 67% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has NUW grown its dividend?

    As of Nov 5, 2026, NUW has increased its dividend for 4 consecutive years.

    When is the next NUW ex-dividend date?

    As of Nov 5, 2026, NUW's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.0490 per share.

    Income Calculator

    At $0.58 / yr per share

    Per payment (monthly)$4.83
    Annual$58.00
    Monthly avg$4.83
    Full NUW dividend calculator →

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