Nuveen Municipal Credit Income Fund
NZFFinancial Services · Stock · monthly payer
$12.63
Add to PortfolioForward Yield
7.55%
Annual Dividend
$0.95
Payout Ratio
318%
5-Yr Growth
4.9%
Ex-Date
Jun 15, 2026
Frequency
Monthly
NZF Dividend Safety Score
51/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage318% of earnings paid out
Balance-sheet strengthDebt/equity of 0.68
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 NZF a good dividend stock?
MixedNuveen Municipal Credit Income Fund (NZF) pays a monthly dividend yielding 7.55% ($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 2022
- Elevated payout ratio (318%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.55%
- Payout Ratio
- 318%
- Annual Dividend
- $0.95
- 5-Yr Avg Growth
- 4.9%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.74
- Market Cap
- $2.4B
- P/E Ratio
- 42.1
- 5-Yr Total Return
- -27%
- 52-Week Range
- $11.53 – $13.02
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0800 | regular |
| Apr 15, 2026 | — | $0.0800 | regular |
| Mar 13, 2026 | — | $0.0800 | regular |
| Feb 13, 2026 | — | $0.0800 | regular |
| Jan 15, 2026 | — | $0.0800 | regular |
| Dec 15, 2025 | — | $0.0800 | regular |
| Nov 14, 2025 | — | $0.0800 | regular |
| Oct 15, 2025 | — | $0.0800 | regular |
| Sep 15, 2025 | — | $0.0800 | regular |
| Aug 15, 2025 | — | $0.0800 | regular |
| Jul 15, 2025 | — | $0.0800 | regular |
| Jun 13, 2025 | — | $0.0800 | regular |
| May 15, 2025 | — | $0.0800 | regular |
| Apr 15, 2025 | — | $0.0800 | regular |
Income Calculator
At $0.95 / yr per share
Per payment (monthly)$7.92
Annual$95.00
Monthly avg$7.92
