Nuveen Nasdaq 100 Dynamic Overwrite Fund
QQQXFinancial Services · Asset Management · Stock · quarterly payer
Forward Yield
9.87%
Annual Dividend
$2.95
Payout Ratio
40%
5-Yr Growth
7.5%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Key facts about QQQX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) has a forward dividend yield of 9.87%, based on an annual dividend of $2.95 per share and a share price of $29.99.
- As of Oct 18, 2026, QQQX's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
- QQQX last cut its regular dividend in 2023.
- QQQX's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.74 per share.
- As of Oct 18, 2026, QQQX pays out 40% of its trailing 12-month earnings as dividends (its payout ratio).
- QQQX's dividend has grown at an average rate of 7.5% a year over the past five years.
- As of Oct 18, 2026, QQQX's 9.87% yield is 31% above its five-year average yield of 7.51%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for QQQX is $58.85 per share, 96% above the $29.99 share price, so QQQX screens as undervalued.
- Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) pays its dividend quarterly, 4 times a year.
- Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) has raised its regular dividend 10 times and cut it 4 times across the 79 payments on record since 2007. Its most recent change was a 20.0% increase to $0.738 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Mar 14, 2023.
Cite this page
SmarterDividends, "QQQX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/QQQX
Summary
As of Oct 18, 2026, Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) yields 9.87% ($2.95 a year per share), has a dividend safety grade of C (59/100) and has 2 consecutive years of dividend increases on record.
Is QQQX a good dividend stock?
Yes, with caveatsNuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) pays a quarterly dividend yielding 9.87% ($2.95/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (40%)
- Strong 7.5% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 9.87%
- Payout Ratio
- 40%
- Annual Dividend
- $2.95
- 5-Yr Avg Growth
- 7.5%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $1.5B
- P/E Ratio
- 4.9
- 5-Yr Total Return
- 0%
- 52-Week Range
- $25.35 – $31.87
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2023)
QQQX dividend raises and cuts
Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) has raised its regular dividend 10 times and cut it 4 times across the 79 payments on record since 2007. Its most recent change was a 20.0% increase to $0.738 per share, going ex-dividend on Jun 15, 2026. The last cut went ex-dividend on Mar 14, 2023.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 15, 2026 | Raise | $0.615 → $0.738 | +20.0% |
| Mar 13, 2026 | Raise | $0.560 → $0.615 | +9.8% |
| Dec 13, 2024 | Raise | $0.420 → $0.560 | +33.3% |
| Mar 14, 2023 | Cut | $0.493 → $0.420 | −14.8% |
| Mar 14, 2022 | Raise | $0.449 → $0.493 | +9.8% |
| Mar 12, 2021 | Raise | $0.390 → $0.449 | +15.1% |
| Mar 14, 2019 | Cut | $0.420 → $0.390 | −7.1% |
| Mar 14, 2018 | Raise | $0.370 → $0.420 | +13.5% |
| Sep 14, 2017 | Raise | $0.350 → $0.370 | +5.7% |
| Dec 10, 2014 | Raise | $0.337 → $0.350 | +3.9% |
| Mar 12, 2014 | Raise | $0.302 → $0.337 | +11.6% |
| Sep 13, 2011 | Cut | $0.316 → $0.302 | −4.4% |
Show all 14 changes since 2007
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 18, 2010 | Cut | $0.463 → $0.316 | −31.7% |
| Jun 19, 2007 | Raise | $0.304 → $0.463 | +52.3% |
Frequently Asked Questions
Is QQQX a good dividend stock?
Yes, with caveats. Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) pays a quarterly dividend yielding 9.87% ($2.95/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is QQQX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, QQQX's fair value is about $58.85 versus a $29.99 share price — so it looks undervalued (+96% vs. fair value).
Is QQQX's dividend safe?
QQQX has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is QQQX's fair value?
Our blended fair-value estimate for QQQX is about $58.85 per share, roughly 96% above the current $29.99 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is QQQX a buy, hold, or sell?
We don't issue formal ratings, but on the data QQQX screens as "yes, with caveats" and undervalued. Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) pays a quarterly dividend yielding 9.87% ($2.95/yr), with 2 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 QQQX cut its dividend?
QQQX earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does QQQX pay a dividend?
Yes. Nuveen Nasdaq 100 Dynamic Overwrite Fund pays a quarterly dividend of about $2.95 per share annually, a forward yield of roughly 9.87%.
What is QQQX's dividend yield?
As of Oct 18, 2026, QQQX's forward dividend yield is 9.87%, based on a $2.95 annual dividend and a $29.99 share price.
What is QQQX's dividend per share?
As of Oct 18, 2026, QQQX pays $2.95 per share per year, distributed on a quarterly basis.
What is QQQX's dividend payout ratio?
As of Oct 18, 2026, QQQX's payout ratio is 40% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has QQQX grown its dividend?
As of Oct 18, 2026, QQQX has increased its dividend for 2 consecutive years.
When is the next QQQX ex-dividend date?
As of Oct 18, 2026, QQQX's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.74 per share.
QQQX Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+32%
5 Years
+0%
52-Week Range
$25.35 – $31.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is QQQX worth?
Undervaluedlow confidenceOur blended fair-value estimate for Nuveen Nasdaq 100 Dynamic Overwrite Fund is $58.85 per share, versus a market price of $29.99. That implies 96% of upside — a margin of safety of about 49%.
Fair Value
$58.85
Current Price
$29.99
Upside
+96%
Margin of Safety
49%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 7.5% growth for five years fading to 2.5% over the next five, $6.14 EPS, $2.95 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
QQQX Dividend Safety Score
Borderline
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
Dividend History
Full QQQX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Oct 1, 2026 | $0.7380 | regular |
| Jun 15, 2026 | Jul 1, 2026 | $0.7380 | regular |
| Mar 13, 2026 | Apr 1, 2026 | $0.6150 | regular |
| Dec 15, 2025 | Dec 31, 2025 | $0.5600 | regular |
| Sep 15, 2025 | Oct 1, 2025 | $0.5600 | regular |
| Jun 13, 2025 | Jul 1, 2025 | $0.5600 | regular |
| Mar 14, 2025 | Apr 1, 2025 | $0.5600 | regular |
| Dec 13, 2024 | Dec 31, 2024 | $0.5600 | regular |
| Sep 13, 2024 | Oct 1, 2024 | $0.4200 | regular |
| Jun 14, 2024 | Jul 1, 2024 | $0.4200 | regular |
| Mar 14, 2024 | Apr 1, 2024 | $0.4200 | regular |
| Dec 14, 2023 | Dec 29, 2023 | $0.4200 | regular |
| Sep 14, 2023 | Oct 2, 2023 | $0.4200 | regular |
| Jun 14, 2023 | Jul 3, 2023 | $0.4200 | regular |
Income Calculator
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