SmarterDividends
NVG

Nuveen AMT-Free Municipal Credit Income Fund

NVG

Financial Services · Stock · monthly payer

Forward Yield

7.48%

Annual Dividend

$0.95

Payout Ratio

351%

5-Yr Growth

3.7%

Ex-Date

Jun 15, 2026

Frequency

Monthly

NVG Dividend Safety Score

50/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage351% of earnings paid out
Balance-sheet strengthDebt/equity of 0.70
Yield vs its historyYield in line with its history

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 NVG a good dividend stock?

Mixed

Nuveen AMT-Free Municipal Credit Income Fund (NVG) pays a monthly dividend yielding 7.48% ($0.95/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

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (351%)
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    7.48%
    Payout Ratio
    351%
    Annual Dividend
    $0.95
    5-Yr Avg Growth
    3.7%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    0.80
    Market Cap
    $2.7B
    P/E Ratio
    46.9
    5-Yr Total Return
    -29%
    52-Week Range
    $11.50 – $13.59
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2023)
    NVG ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.95 / yr per share

    Per payment (monthly)$7.92
    Annual$95.00
    Monthly avg$7.92