Nuveen Municipal Income Fund Dividend
Dividend criteria checks 1/6
Nuveen Municipal Income Fund is a dividend paying company with a current yield of 4.19%.
Key information
4.2%
Dividend yield
126%
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$0.29 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Nuveen Municipal Income Fund declares $0.03 dividend
Feb 07Nuveen Municipal Income Fund declares $0.03 dividend
Dec 06Nuveen Municipal Income Fund declares $0.03 dividend
Nov 04Nuveen Municipal Income Fund declares $0.0275 dividend
Sep 02Nuveen Municipal Income Fund raises monthly dividend by 7.8%
Jul 06Nuveen Municipal Income Fund declares $0.033 dividend
May 10Nuveen Municipal Income Fund declares $0.033 dividend
Jan 05Nuveen Municipal Income Fund declares $0.033 dividend
Dec 02Nuveen Municipal Income Fund declares $0.033 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NMI's dividend payments have been volatile in the past 10 years.
Growing Dividend: NMI's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Nuveen Municipal Income Fund Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NMI) | 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 (NMI) | n/a |
Notable Dividend: NMI's dividend (4.19%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: NMI's dividend (4.19%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (126.1%), NMI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate NMI's cash payout ratio to determine if its dividend payments are covered by cash flows.