SmarterDividends
QQQX

Nuveen Nasdaq 100 Dynamic Overwrite Fund

QQQX

Financial Services · Stock · quarterly payer

Forward Yield

9.51%

Annual Dividend

$2.95

Payout Ratio

60%

5-Yr Growth

7.5%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

QQQX Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage60% of earnings paid out
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 QQQX a good dividend stock?

Mixed

Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) pays a quarterly dividend yielding 9.51% ($2.95/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

  • Comfortable payout ratio (60%)
  • Strong 7.5% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
9.51%
Payout Ratio
60%
Annual Dividend
$2.95
5-Yr Avg Growth
7.5%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
2
Frequency
quarterly
Beta
Market Cap
$1.5B
P/E Ratio
8.3
5-Yr Total Return
5%
52-Week Range
$25.00 – $31.87
Dividend Safety
C · 56/100
Ever Cut?
Yes (2023)
QQQX ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.95 / yr per share

Per payment (quarterly)$73.75
Annual$295.00
Monthly avg$24.58