Yield on Cost (YOC): 7.03%
The yield on cost (YOC) is 7.03%.
NAD Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
7.03%
Yield on Cost for NAD
NAD now pays $0.85 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-24) | $15.54 | 5.47% |
| 5 years ago(2021-06-28) | $15.92 | 5.34% |
| 3 years ago(2023-06-29) | $11.22 | 7.58% |
| 1 year ago(2025-06-24) | $11.17 | 7.61% |
| Buying today(at $12.04) | $12.04 | 7.03% |
If you buy today and the dividend keeps growing
Projection: starting from today's 7.03% yield, assuming the dividend keeps compounding at its historical 6.2% rate. Boards set dividends each year, so actual figures will differ.
Today
7.03%
In 3 years
8.66%
In 5 years
9.95%
In 10 years
14.10%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Nuveen Quality Municipal Income Fund (NAD).
Starting Yield
7.06%
Ending YOC
17.40%
Year 15 Dividend
$2.10
Cum. Dividends Recd.
$21.33
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.85 | — | 7.06% | $0.00 |
| Year 1 | $0.90 | +6.20% | 7.50% | $0.90 |
| Year 2 | $0.96 | +6.20% | 7.96% | $1.86 |
| Year 3 | $1.02 | +6.20% | 8.46% | $2.88 |
| Year 4 | $1.08 | +6.20% | 8.98% | $3.96 |
| Year 5 | $1.15 | +6.20% | 9.54% | $5.11 |
| Year 6 | $1.22 | +6.20% | 10.13% | $6.33 |
| Year 7 | $1.30 | +6.20% | 10.76% | $7.62 |
| Year 8 | $1.38 | +6.20% | 11.42% | $9.00 |
| Year 9 | $1.46 | +6.20% | 12.13% | $10.46 |
| Year 10 | $1.55 | +6.20% | 12.88% | $12.01 |
| Year 11 | $1.65 | +6.20% | 13.68% | $13.66 |
| Year 12 | $1.75 | +6.20% | 14.53% | $15.41 |
| Year 13 | $1.86 | +6.20% | 15.43% | $17.27 |
| Year 14 | $1.97 | +6.20% | 16.39% | $19.24 |
| Year 15 | $2.10 | +6.20% | 17.40% | $21.33 |
Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Nuveen Quality Municipal Income Fund (NAD)?
- The yield on cost (YOC) for NAD stock is 7.03%.
About Nuveen Quality Municipal Income Fund
The Nuveen Quality Municipal Income Fund (NAD) is a U.S.-domiciled, closed-end mutual fund that began operations on January 15, 1999, having previously been known as the Nuveen Dividend Advantage Municipal Fund. Launched by Nuveen Investments, Inc., this fund is jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Its core objective is to invest in undervalued municipal bonds and similar instruments within the American fixed-income market, aiming to generate income that is exempt from federal income taxes. The fund's portfolio predominantly comprises investment-grade securities, targeting an average maturity of roughly 18 years. Management employs a bottom-up, fundamental analysis approach for constructing its holdings. Its performance is measured against benchmarks set by Standard & Poor's (S&P).
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Thomas C. Spalding Jr.