Nuveen California Quality Municipal Income Fund Dividends and Buybacks
Dividend criteria checks 3/6
Nuveen California Quality Municipal Income Fund is a dividend paying company with a current yield of 8.07% that is well covered by earnings. Next payment date is on 2nd June, 2025 with an ex-dividend date of 15th May, 2025.
Key information
8.1%
Dividend yield
0.008%
Buyback Yield
| Total Shareholder Yield | 8.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 02 Jun 25 |
| Ex dividend date | 15 May 25 |
| Dividend per share | n/a |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
NAC: Recent Pullback Makes Me A Bull Going Into 2025 (Rating Upgrade)
Dec 24NAC: Quick, Sharp Gain Leads Me To A More Cautious Stance (Rating Downgrade)
Sep 16NAC: Income Boost A Nice Tailwind For This California Muni CEF
Jun 09NAC: 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 07Stability 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) | 8.1% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.0% |
| Analyst forecast (NAC) (up to 3 years) | n/a |
Notable Dividend: NAC's dividend (8.07%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: NAC's dividend (8.07%) is in the top 25% of dividend payers in the US market (4.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60%), NAC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate NAC's cash payout ratio to determine if its dividend payments are covered by cash flows.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 07:48 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2024/02/29 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nuveen California Quality Municipal Income Fund is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.