Nuveen New Jersey Quality Municipal Income Fund

NYSE:NXJ Stock Report

Mkt Cap: US$481.2m

Nuveen New Jersey Quality Municipal Income Fund Dividend

Dividend criteria checks 1/6

Nuveen New Jersey Quality Municipal Income Fund is a dividend paying company with a current yield of 3.16%. Next payment date is on 29th December, 2023 with an ex-dividend date of 14th December, 2023.

Key information

3.2%

Dividend yield

-35%

Payout ratio

Industry average yield2.6%
Next dividend pay date29 Dec 23
Ex dividend date14 Dec 23
Dividend per sharen/a
Earnings per share-US$1.57
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Nuveen New Jersey Quality Municipal Income Fund declares $0.0325 dividend

Feb 07

Nuveen New Jersey Quality Municipal Income Fund dividend declines by 21.7% o $0.0325

Jan 11

Nuveen New Jersey Quality Municipal Income Fund declares $0.0415 dividend

Dec 06

Nuveen New Jersey Quality Municipal Income Fund reduces dividend by 16.2%

Oct 06

Nuveen New Jersey Quality Municipal Income Fund declares $0.0495 dividend

Sep 02

Nuveen New Jersey Quality Municipal Income Fund dips -7.5% to $0.0495/share

Jul 06

Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend

May 07

Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend

Feb 04

Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend

Jan 05

Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend

Dec 02

New Jersey GO bond rating cut to BBB+ by S&P; outlook stable

Nov 06

Nuveen New Jersey Quality Municipal Income Fund declares $0.0585 dividend

Nov 03

Upcoming Dividend Payment

TodayDec 09 2023Ex Dividend DateDec 14 2023Dividend Pay DateDec 29 202315 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NXJ's dividend payments have been volatile in the past 10 years.

Growing Dividend: NXJ's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Nuveen New Jersey Quality Municipal Income Fund Dividend Yield vs Market
How does NXJ dividend yield compare to the market?
SegmentDividend Yield
Company (NXJ)3.2%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Capital Markets)2.6%
Analyst forecast in 3 Years (NXJ)n/a

Notable Dividend: NXJ's dividend (3.16%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: NXJ's dividend (3.16%) is low compared to the top 25% of dividend payers in the US market (4.8%).


Earnings Payout to Shareholders

Earnings Coverage: NXJ is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate NXJ's cash payout ratio to determine if its dividend payments are covered by cash flows.