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NZF DRIP Calculator & Dividend Yield 2026
8.72% YieldFinancial ServicesNuveen Municipal Credit Income Fund · NYSE
Price: $10.94 · Annual div: $0.9540/share · Frequency: monthly · Payout ratio: N/A · Ex-div: 2026-10-15
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Portfolio growth: DRIP vs No DRIP
Annual dividend income growth
NZF Dividend Yield
NZF (Nuveen Municipal Credit Income Fund) has a dividend yield of 8.72%, based on an annual dividend of $0.9540 per share and a price of $10.94. Over the last 12 months it paid $0.9540 per share — a trailing yield of 8.72%. Dividends are paid monthly.
Yield history: over the last 12 payments, NZF's 12-month yield ranged from 7.52% to 8.77%. Full NZF dividend history ↓
Yield on cost: if NZF's dividend keeps growing 4.0% a year, a purchase at today's price would yield 10.61% after 5 years, 12.91% after 10 years and 19.11% after 20 years on the original investment.
More monthly dividend stocks →More high-yield dividend stocks →
NZF DRIP Rate: How Many Shares Your Dividends Buy
With dividends reinvested, a NZF position grows its share count by about 9.07% in the first year at today's price and yield. If the dividend grows 4.0% a year and the price 0.0%, DRIP doubles your number of shares in about 8 years without adding new money.
💡 What-if scenarios
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🎯 When NZF pays your bills
Year your monthly dividend income covers each expense (based on current settings)
NZF Dividend History — Last 80 Payments
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-10-15Latest | 2026-11-02 | $0.0795 | 8.77% | $10.88 |
| 2026-09-15 | 2026-10-01 | $0.0795 | 7.94% | $12.02 |
| 2026-08-14 | 2026-09-01 | $0.0795 | 8.48% | $12.19 |
| 2026-07-15 | 2026-08-03 | $0.0795 | 7.52% | $12.68 |
| 2026-06-15 | 2026-07-01 | $0.0795 | 7.59% | $12.57 |
| 2026-05-15 | 2026-06-01 | $0.0795 | 7.59% | $12.57 |
| 2026-04-15 | 2026-05-01 | $0.0795 | 7.70% | $12.39 |
| 2026-03-13 | 2026-04-01 | $0.0795 | 7.97% | $12.97 |
| 2026-02-13 | 2026-03-02 | $0.0795 | 8.28% | $12.48 |
| 2026-01-15 | 2026-02-02 | $0.0795 | 7.55% | $12.64 |
| 2025-12-15 | 2025-12-31 | $0.0795 | 7.54% | $12.66 |
| 2025-11-14 | 2025-12-01 | $0.0795 | 8.23% | $12.56 |
| 2025-10-15 | 2025-11-03 | $0.0795 | 7.52% | $12.68 |
| 2025-09-15 | 2025-10-01 | $0.0795 | 8.00% | $11.93 |
| 2025-08-15 | 2025-09-02 | $0.0795 | 8.04% | $11.87 |
| 2025-07-15 | 2025-08-01 | $0.0795 | 7.96% | $11.98 |
| 2025-06-13 | 2025-07-01 | $0.0795 | 8.71% | $11.86 |
| 2025-05-15 | 2025-06-02 | $0.0795 | 7.96% | $11.99 |
| 2025-04-15 | 2025-05-01 | $0.0795 | 7.55% | $12.35 |
| 2025-03-14 | 2025-04-01 | $0.0795 | 7.19% | $12.66 |
| 2025-02-14 | 2025-03-03 | $0.0795 | 7.05% | $12.59 |
| 2025-01-15 | 2025-02-03 | $0.0795 | 6.97% | $12.34 |
| 2024-12-13 | 2024-12-31 | $0.0795 | 6.38% | $13.05 |
| 2024-11-15 | 2024-12-02 | $0.0795 | 6.43% | $12.50 |
| 2024-10-15 | 2024-11-01 | $0.0795 | 5.92% | $13.10 |
| 2024-09-13 | 2024-10-01 | $0.0795 | 5.78% | $12.80 |
| 2024-08-15 | 2024-09-03 | $0.0795 | 5.49% | $12.81 |
| 2024-07-15 | 2024-08-01 | $0.0795 | 5.40% | $12.34 |
| 2024-06-14 | 2024-07-01 | $0.0795 | 5.26% | $11.98 |
| 2024-05-14 | 2024-06-03 | $0.0575 | 5.06% | $11.74 |
| 2024-04-12 | 2024-05-01 | $0.0575 | 5.01% | $12.10 |
| 2024-03-14 | 2024-04-01 | $0.0575 | 4.71% | $11.98 |
| 2024-02-14 | 2024-03-01 | $0.0515 | 4.58% | $12.00 |
| 2024-01-11 | 2024-02-01 | $0.0515 | 4.91% | $11.91 |
| 2023-12-14 | 2023-12-29 | $0.0515 | 4.58% | $11.64 |
| 2023-11-14 | 2023-12-01 | $0.0515 | 5.15% | $10.34 |
| 2023-10-12 | 2023-11-01 | $0.0430 | 5.63% | $10.34 |
| 2023-09-14 | 2023-10-02 | $0.0430 | 4.76% | $11.32 |
| 2023-08-14 | 2023-09-01 | $0.0430 | 4.70% | $11.80 |
| 2023-07-13 | 2023-08-01 | $0.0430 | 5.35% | $11.75 |
| 2023-06-14 | 2023-07-03 | $0.0430 | 5.56% | $11.52 |
| 2023-05-12 | 2023-06-01 | $0.0430 | 5.21% | $11.53 |
| 2023-04-26 | 2023-05-01 | $0.0267 | 5.18% | $11.90 |
| 2023-04-13 | 2023-05-01 | $0.0165 | 4.95% | $11.90 |
| 2023-03-14 | 2023-04-03 | $0.0430 | 5.43% | $11.63 |
| 2023-02-14 | 2023-03-01 | $0.0430 | 5.25% | $12.47 |
| 2023-01-12 | 2023-02-01 | $0.0430 | 6.05% | $12.28 |
| 2022-12-14 | 2022-12-30 | $0.0505 | 5.69% | $12.32 |
| 2022-11-14 | 2022-12-01 | $0.0505 | 6.59% | $10.86 |
| 2022-10-13 | 2022-11-01 | $0.0505 | 6.86% | $11.63 |
| 2022-09-14 | 2022-10-03 | $0.0585 | 5.91% | $12.63 |
| 2022-08-12 | 2022-09-01 | $0.0585 | 5.58% | $13.53 |
| 2022-07-14 | 2022-08-01 | $0.0585 | 6.02% | $12.66 |
| 2022-06-15 | 2022-07-01 | $0.0549 | 5.61% | $13.71 |
| 2022-06-02 | 2022-07-01 | $0.0036 | 5.69% | $13.71 |
| 2022-05-12 | 2022-06-01 | $0.0585 | 6.40% | $13.18 |
| 2022-04-13 | 2022-05-02 | $0.0585 | 5.85% | $14.54 |
| 2022-03-14 | 2022-04-01 | $0.0660 | 5.07% | $15.63 |
| 2022-02-14 | 2022-03-01 | $0.0660 | 4.92% | $16.11 |
| 2022-01-13 | 2022-02-01 | $0.0660 | 5.02% | $17.08 |
| 2021-12-14 | 2021-12-31 | $0.0660 | 4.61% | $17.17 |
| 2021-11-12 | 2021-12-01 | $0.0660 | 4.68% | $16.92 |
| 2021-10-14 | 2021-11-01 | $0.0660 | 4.76% | $16.64 |
| 2021-09-14 | 2021-10-01 | $0.0660 | 4.54% | $17.43 |
| 2021-08-12 | 2021-09-01 | $0.0660 | 4.88% | $17.44 |
| 2021-07-14 | 2021-08-02 | $0.0660 | 4.55% | $17.25 |
| 2021-06-14 | 2021-07-01 | $0.0660 | 4.60% | $16.98 |
| 2021-05-13 | 2021-06-01 | $0.0660 | 5.05% | $16.63 |
| 2021-04-14 | 2021-05-03 | $0.0660 | 4.76% | $16.26 |
| 2021-03-12 | 2021-04-01 | $0.0660 | 4.41% | $16.06 |
| 2021-02-11 | 2021-03-01 | $0.0660 | 3.94% | $16.31 |
| 2021-01-14 | 2021-02-01 | $0.0660 | 3.61% | $15.97 |
| 2020-12-14 | 2020-12-31 | $0.0660 | — | — |
| 2020-11-12 | 2020-12-01 | $0.0660 | — | — |
| 2020-10-14 | 2020-11-02 | $0.0660 | — | — |
| 2020-09-14 | 2020-10-01 | $0.0625 | — | — |
| 2020-08-13 | 2020-09-01 | $0.0625 | — | — |
| 2020-07-14 | 2020-08-03 | $0.0625 | — | — |
| 2020-06-12 | 2020-07-01 | $0.0625 | — | — |
| 2020-05-14 | 2020-06-01 | $0.0625 | — | — |
About Nuveen Municipal Credit Income Fund (NZF) — Dividend Analysis 2026
The Nuveen Municipal Credit Income Fund (NZF) functions as a closed-end mutual fund that concentrates on fixed-income investments, established by Nuveen Investments, Inc. Its oversight is a joint effort between Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily allocates its capital within the fixed income markets of the United States. Its strategy involves identifying and acquiring undervalued municipal debt instruments and related investments, specifically chosen for their ability to provide income exempt from standard federal income taxes. The fund targets investment-grade securities, requiring a rating of Baa/BBB or better, and aims for an approximate average maturity of 18 years. Portfolio creation is guided by a bottom-up security selection method, supported by thorough fundamental analysis. The performance of its portfolio is evaluated against the Standard & Poor's (S&P) National Municipal Bond Index. Formerly, this fund was known as the Nuveen Enhanced Municipal Credit Opportunities Fund. It was founded in the United States on March 21, 2001.
NZF Dividend & DRIP — Frequently Asked Questions
What is NZF's dividend yield?
NZF (Nuveen Municipal Credit Income Fund) has a dividend yield of 8.72%, based on an annual dividend of $0.9540 per share and a price of $10.94. Over the last 12 months it paid $0.9540 per share — a trailing yield of 8.72%. Dividends are paid monthly.
How much does $10,000 in NZF pay in dividends?
$10,000 in NZF at a 8.72% yield pays about $872 a year ($73 a month) before taxes. With DRIP, reinvested dividends buy more shares and that income compounds.
What is the DRIP rate for NZF?
With dividends reinvested, a NZF position grows its share count by about 9.07% in the first year at today's price and yield. If the dividend grows 4.0% a year and the price 0.0%, DRIP doubles your number of shares in about 8 years without adding new money.
How do I calculate NZF dividend reinvestment (DRIP) returns?
Enter your starting amount, monthly contribution and time horizon in the NZF DRIP calculator at the top of this page. It reinvests each payout into new shares at the projected price, grows the dividend at the rate you choose and shows yearly income, share count, portfolio value and yield on cost. You can switch DRIP off to compare.
When is NZF's next ex-dividend date?
NZF's next ex-dividend date has not been announced yet; the most recent one was 2026-10-15. NZF pays dividends monthly. Buy before the ex-dividend date to receive the next payment.
What is NZF's dividend growth rate?
NZF's dividend changed 0.0% over the last year and 3.8% a year on average over five years.
Similar dividend stocks to NZF
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🌍 NZF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold NZF.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 8.72% | 5.92% | $872 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 7.41% | 4.61% | $741 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 6.98% | 4.18% | $698 / yr |
| 🇬🇧 UK ISA | 0% | 8.72% | 5.92% | $872 / yr |
| 🇬🇧 UK Taxable | 8.75% | 7.96% | 5.16% | $796 / yr |
| 🇨🇦 TFSA | 0% | 8.72% | 5.92% | $872 / yr |
| 🇨🇦 CA Taxable | 25% | 6.54% | 3.74% | $654 / yr |
| 🇦🇺 Super (pension) | 15% | 7.41% | 4.61% | $741 / yr |
| 🇦🇺 AU Taxable | 30% | 6.10% | 3.30% | $610 / yr |
| 🇩🇪 DE Taxable | 26.375% | 6.42% | 3.62% | $642 / yr |
| 🇫🇷 FR Taxable | 30% | 6.10% | 3.30% | $610 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 NZF Income Goal & Break-Even
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $0.95/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 NZF Dividend Payment Schedule
NZF pays every month — 12 payments per year.
📊 NZF vs Financial Services Benchmarks
How NZF compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for NZF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ NZF Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| Sale | 2026-10-16 | 16,131 | $1093.00 | $17.63M | ||
| Sale | 2026-10-14 | 6,677 | $10.76 | $71.8K | ||
| Buy | 2026-02-25 | 8 | $12.88 | $103.00 | ||
| Sale | 2026-02-25 | 8 | $12.96 | $104.00 | ||
| Buy | 2026-01-26 | 343 | $12.54 | $4.3K | ||
| Sale | 2026-01-26 | 343 | $12.25 | $4.2K | ||
| Buy | 2026-01-02 | 6,075 | $12.61 | $76.6K | ||
| Sale | 2026-01-02 | 6,075 | $12.52 | $76.0K | ||
| Buy | 2025-12-11 | 6,677 | $12.72 | $85.0K | ||
| Buy | 2025-10-03 | 683 | $12.53 | $8.6K |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Peer Group
Similar companies in the same sectorCompare NZF with peers: NZF vs ACP-PA · NZF vs ETY · NZF vs FIDLX
Financial Health Scores
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the NZF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
Nuveen Municipal Credit Income Fund (NZF) is currently trading at $10.94, trading near its 52-week low. The current dividend yield is 8.72% based on an annual payout of $0.9540 per share.
NZF (Nuveen Municipal Credit Income Fund) — 8.72% Dividend Yield Analysis
Nuveen Municipal Credit Income Fund (NZF) is a financial services stock currently trading at $10.94 with a dividend yield of 8.72%. It pays an annual dividend of $0.9540 per share. Over the past 5 years, NZF has grown its dividend at a compound annual rate of 3.8%.
- Above-average yield (8.72%) may signal elevated risk — verify sustainability.
Auto-generated from live market data. For educational purposes only — not financial advice.
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Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.