Nuveen California Quality Municipal Income Fund Dividend
Dividend criteria checks 2/6
Nuveen California Quality Municipal Income Fund is a dividend paying company with a current yield of 4.21%.
Key information
4.2%
Dividend yield
-197%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -US$0.24 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
NAC: Betting On A Fed Pivot
Nov 20Nuveen CA Dividend Advantage Muni. Fund goes ex-dividend tomorrow
Feb 13Nuveen CA Dividend Advantage Muni. Fund decreases monthly dividend by -19.1% to $0.036/share
Jan 11Nuveen CA Dividend Advantage Muni. Fund declares $0.0445 dividend
Dec 06Nuveen CA Dividend Advantage Muni. Fund declares $0.0445 dividend
Nov 04Nuveen CA Dividend Advantage Muni. Fund reduces dividend by 13.6%
Oct 06Nuveen CA Dividend Advantage Muni. Fund declares $0.0515 dividend
Aug 08Nuveen CA Dividend Advantage Muni. Fund declares $0.0515 dividend
Jul 06NAC: Cali Munis Have Some Merit At These Levels
Mar 07Nuveen CA Dividend Advantage Muni. Fund declares $0.0545 dividend
May 10Nuveen CA Dividend Advantage Muni. Fund declares $0.0545 dividend
Jan 05Nuveen CA Dividend Advantage Muni. Fund declares $0.0545 dividend
Dec 02Nuveen CA Dividend Advantage Muni. Fund declares $0.0545 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAC's dividend payments have been volatile in the past 10 years.
Growing Dividend: NAC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nuveen California Quality Municipal Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NAC) | 4.2% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (NAC) | n/a |
Notable Dividend: NAC's dividend (4.21%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: NAC's dividend (4.21%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: NAC is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), NAC's dividend payments are covered by cash flows.