Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations issued by state and local government authorities. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.
Nuveen Municipal Income Fund Dividend Announcement
• Nuveen Municipal Income Fund announced a monthly dividend of $0.04 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
• Nuveen Municipal Income Fund annual dividend for 2024 was $0.40
• Nuveen Municipal Income Fund annual dividend for 2023 was $0.37
• Nuveen Municipal Income Fund's trailing twelve-month (TTM) dividend yield is 4.54%
• Nuveen Municipal Income Fund's dividend growth over the last five years (2018-2023) was -6.46% year
• Nuveen Municipal Income Fund's dividend growth over the last ten years (2013-2023) was -4.28% year
Nuveen Municipal Income Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.04 | monthly | 2024-12-02 |
2024-10-15 | $0.04 | monthly | 2024-11-01 |
2024-09-13 | $0.04 | monthly | 2024-10-01 |
2024-08-15 | $0.04 | monthly | 2024-09-03 |
2024-07-15 | $0.04 | monthly | 2024-08-01 |
2024-06-14 | $0.04 | monthly | 2024-07-01 |
2024-05-14 | $0.04 | monthly | 2024-06-03 |
2024-04-12 | $0.04 | monthly | 2024-05-01 |
2024-03-14 | $0.04 | monthly | 2024-04-01 |
2024-02-14 | $0.03 | monthly | 2024-03-01 |
2024-01-11 | $0.03 | monthly | 2024-02-01 |
2023-12-14 | $0.03 | monthly | 2023-12-29 |
2023-11-14 | $0.03 | monthly | 2023-12-01 |
2023-10-12 | $0.03 | monthly | 2023-11-01 |
2023-09-14 | $0.03 | monthly | 2023-10-02 |
2023-08-14 | $0.03 | monthly | 2023-09-01 |
2023-07-13 | $0.03 | monthly | 2023-08-01 |
2023-06-14 | $0.03 | monthly | 2023-07-03 |
2023-05-12 | $0.03 | monthly | 2023-06-01 |
2023-04-13 | $0.03 | monthly | 2023-05-01 |
2023-03-14 | $0.03 | monthly | 2023-04-03 |
2023-02-14 | $0.03 | monthly | 2023-03-01 |
2023-01-12 | $0.03 | monthly | 2023-02-01 |
2022-12-14 | $0.03 | monthly | 2022-12-30 |
2022-11-14 | $0.03 | monthly | 2022-12-01 |
2022-10-13 | $0.03 | monthly | 2022-11-01 |
2022-09-14 | $0.03 | monthly | 2022-10-03 |
2022-08-12 | $0.03 | monthly | 2022-09-01 |
2022-07-14 | $0.03 | monthly | 2022-08-01 |
2022-06-14 | $0.03 | monthly | 2022-07-01 |
2022-05-12 | $0.03 | monthly | 2022-06-01 |
2022-04-13 | $0.03 | monthly | 2022-05-02 |
2022-03-14 | $0.03 | monthly | 2022-04-01 |
2022-02-14 | $0.03 | monthly | 2022-03-01 |
2022-01-13 | $0.04 | monthly | 2022-02-01 |
2021-12-14 | $0.03 | monthly | 2021-12-31 |
2021-11-12 | $0.03 | monthly | 2021-12-01 |
2021-10-14 | $0.03 | monthly | 2021-11-01 |
2021-09-14 | $0.03 | monthly | 2021-10-01 |
2021-08-12 | $0.03 | monthly | 2021-09-01 |
2021-07-14 | $0.03 | monthly | 2021-08-02 |
2021-06-14 | $0.03 | monthly | 2021-07-01 |
2021-05-13 | $0.03 | monthly | 2021-06-01 |
2021-04-14 | $0.03 | monthly | 2021-05-03 |
2021-03-12 | $0.03 | monthly | 2021-04-01 |
2021-02-11 | $0.03 | monthly | 2021-03-01 |
2021-01-14 | $0.03 | monthly | 2021-02-01 |
2020-12-14 | $0.03 | monthly | 2020-12-31 |
2020-11-12 | $0.03 | monthly | 2020-12-01 |
2020-10-14 | $0.03 | monthly | 2020-11-02 |
2020-09-14 | $0.03 | monthly | 2020-10-01 |
2020-08-13 | $0.03 | monthly | 2020-09-01 |
2020-07-14 | $0.03 | monthly | 2020-08-03 |
2020-06-12 | $0.03 | monthly | 2020-07-01 |
2020-05-14 | $0.03 | monthly | 2020-06-01 |
2020-04-14 | $0.03 | monthly | 2020-05-01 |
2020-03-12 | $0.03 | monthly | 2020-04-01 |
2020-02-13 | $0.04 | monthly | 2020-03-02 |
2020-01-14 | $0.04 | monthly | 2020-02-03 |
2019-12-12 | $0.07 | monthly | 2019-12-31 |
2019-11-14 | $0.04 | monthly | 2019-12-02 |
2019-10-11 | $0.04 | monthly | 2019-11-01 |
2019-09-12 | $0.04 | monthly | 2019-10-01 |
2019-08-14 | $0.04 | monthly | 2019-09-03 |
2019-07-12 | $0.04 | monthly | 2019-08-01 |
2019-06-13 | $0.04 | monthly | 2019-07-01 |
2019-05-14 | $0.04 | monthly | 2019-06-03 |
2019-04-12 | $0.04 | monthly | 2019-05-01 |
2019-03-14 | $0.04 | monthly | 2019-04-01 |
2019-02-14 | $0.04 | monthly | 2019-03-01 |
2019-01-14 | $0.04 | monthly | 2019-02-01 |
2018-12-13 | $0.11 | monthly | 2018-12-31 |
2018-11-14 | $0.04 | monthly | 2018-12-03 |
2018-10-12 | $0.04 | monthly | 2018-11-01 |
2018-09-13 | $0.04 | monthly | 2018-10-01 |
2018-08-14 | $0.04 | monthly | 2018-09-04 |
2018-07-12 | $0.04 | monthly | 2018-08-01 |
2018-06-14 | $0.04 | monthly | 2018-07-02 |
2018-05-14 | $0.04 | monthly | 2018-06-01 |
2018-04-12 | $0.04 | monthly | 2018-05-01 |
2018-03-14 | $0.04 | monthly | 2018-04-02 |
2018-02-14 | $0.04 | monthly | 2018-03-01 |
2018-01-11 | $0.04 | monthly | 2018-02-01 |
2017-12-14 | $0.04 | monthly | 2017-12-29 |
2017-11-14 | $0.04 | monthly | 2017-12-01 |
2017-10-12 | $0.04 | monthly | 2017-11-01 |
2017-09-14 | $0.04 | monthly | 2017-10-02 |
2017-08-11 | $0.04 | monthly | 2017-09-01 |
2017-07-12 | $0.04 | monthly | 2017-08-01 |
2017-06-13 | $0.04 | monthly | 2017-07-03 |
2017-05-11 | $0.04 | monthly | 2017-06-01 |
2017-04-11 | $0.04 | monthly | 2017-05-01 |
2017-03-13 | $0.04 | monthly | 2017-04-03 |
2017-02-13 | $0.04 | monthly | 2017-03-01 |
2017-01-11 | $0.04 | monthly | 2017-02-01 |
2016-12-13 | $0.04 | monthly | 2016-12-30 |
2016-11-10 | $0.04 | monthly | 2016-12-01 |
2016-10-12 | $0.04 | monthly | 2016-11-01 |
2016-09-13 | $0.04 | monthly | 2016-10-03 |
2016-08-11 | $0.04 | monthly | 2016-09-01 |
2016-07-13 | $0.04 | monthly | 2016-08-01 |
2016-06-13 | $0.04 | monthly | 2016-07-01 |
2016-05-11 | $0.04 | monthly | 2016-06-01 |
2016-04-13 | $0.04 | monthly | 2016-05-02 |
2016-03-11 | $0.04 | monthly | 2016-04-01 |
2016-02-10 | $0.04 | monthly | 2016-03-01 |
2016-01-13 | $0.04 | monthly | 2016-02-01 |
2015-12-11 | $0.05 | monthly | 2015-12-31 |
2015-11-10 | $0.04 | monthly | 2015-12-01 |
2015-10-13 | $0.04 | monthly | 2015-11-02 |
2015-09-11 | $0.04 | monthly | 2015-10-01 |
2015-08-12 | $0.04 | monthly | 2015-09-01 |
2015-07-13 | $0.04 | monthly | 2015-08-03 |
2015-06-11 | $0.04 | monthly | 2015-07-01 |
2015-05-13 | $0.04 | monthly | 2015-06-01 |
2015-04-13 | $0.04 | monthly | 2015-05-01 |
2015-03-11 | $0.04 | monthly | 2015-04-01 |
2015-02-11 | $0.04 | monthly | 2015-03-02 |
2015-01-13 | $0.04 | monthly | 2015-02-02 |
2014-12-11 | $0.05 | monthly | 2014-12-31 |
2014-11-12 | $0.04 | monthly | 2014-12-01 |
2014-10-10 | $0.04 | monthly | 2014-11-03 |
2014-09-11 | $0.04 | monthly | 2014-10-01 |
2014-08-13 | $0.04 | monthly | 2014-09-02 |
2014-07-11 | $0.04 | monthly | 2014-08-01 |
2014-06-11 | $0.04 | monthly | 2014-07-01 |
2014-05-13 | $0.04 | monthly | 2014-06-02 |
2014-04-11 | $0.04 | monthly | 2014-05-01 |
2014-03-12 | $0.04 | monthly | 2014-04-01 |
2014-02-12 | $0.05 | monthly | 2014-03-03 |
2014-01-13 | $0.05 | monthly | 2014-02-03 |
2013-12-11 | $0.05 | monthly | 2013-12-31 |
2013-11-13 | $0.05 | monthly | 2013-12-02 |
2013-10-10 | $0.05 | monthly | 2013-11-01 |
2013-09-11 | $0.05 | monthly | 2013-10-01 |
2013-08-13 | $0.05 | monthly | 2013-09-03 |
2013-07-11 | $0.05 | monthly | 2013-08-01 |
2013-06-12 | $0.05 | monthly | 2013-07-01 |
2013-05-13 | $0.05 | monthly | 2013-06-03 |
2013-04-11 | $0.05 | monthly | 2013-05-01 |
2013-03-13 | $0.05 | monthly | 2013-04-01 |
2013-02-13 | $0.05 | monthly | 2013-03-01 |
2013-01-11 | $0.05 | monthly | 2013-02-01 |
Nuveen Municipal Income Fund Dividend per year
Nuveen Municipal Income Fund Dividend growth
Nuveen Municipal Income Fund Dividend Yield
Nuveen Municipal Income Fund current trailing twelve-month (TTM) dividend yield is 4.54%. Interested in purchasing Nuveen Municipal Income Fund stock? Use our calculator to estimate your expected dividend yield:
Nuveen Municipal Income Fund Financial Ratios
Nuveen Municipal Income Fund Dividend FAQ
Other factors to consider when evaluating Nuveen Municipal Income Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Nuveen Municipal Income Fund stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Nuveen Municipal Income Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nuveen Municipal Income Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nuveen Municipal Income Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nuveen Municipal Income Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nuveen Municipal Income Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nuveen Municipal Income Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nuveen Municipal Income Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nuveen Municipal Income Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nuveen Municipal Income Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.