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Nuveen Core Equity Alpha Fund (Nuveen Core Equity Alpha Fund) 3-Year Dividend Growth Rate : 11.40% (As of Dec. 2023)


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What is Nuveen Core Equity Alpha Fund 3-Year Dividend Growth Rate?

Nuveen Core Equity Alpha Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.64.

The historical rank and industry rank for Nuveen Core Equity Alpha Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

JCE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.9   Med: 7.2   Max: 16.5
Current: 11.4

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Core Equity Alpha Fund was 16.50% per year. The lowest was -5.90% per year. And the median was 7.20% per year.

JCE's 3-Year Dividend Growth Rate is ranked better than
77.78% of 864 companies
in the Asset Management industry
Industry Median: 1.85 vs JCE: 11.40

During the past 12 months, Nuveen Core Equity Alpha Fund's average Dividends Per Share Growth Rate was -19.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Nuveen Core Equity Alpha Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.91. As of today, Nuveen Core Equity Alpha Fund's Dividend Yield % is 8.89%.

Warning Sign:

Nuveen Core Equity Alpha Fund stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Nuveen Core Equity Alpha Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Nuveen Core Equity Alpha Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Core Equity Alpha Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Core Equity Alpha Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nuveen Core Equity Alpha Fund's 3-Year Dividend Growth Rate falls into.



Nuveen Core Equity Alpha Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Nuveen Core Equity Alpha Fund  (NYSE:JCE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Nuveen Core Equity Alpha Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.64/ 0.7
=0.91

During the past 7 years, the highest Dividend Payout Ratio of Nuveen Core Equity Alpha Fund was 0.84. The lowest was 0.30. And the median was 0.37.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Nuveen Core Equity Alpha Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3200002024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3200002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3200002023-09-142023-09-152023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.3200002023-06-142023-06-152023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Nuveen Core Equity Alpha Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.28/14.40
=8.89 %

Current Share Price is $14.40.
Nuveen Core Equity Alpha Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.28.

During the past 7 years, the highest Dividend Yield of Nuveen Core Equity Alpha Fund was 13.57%. The lowest was 5.20%. And the median was 7.92%.

Warning Sign:

Nuveen Core Equity Alpha Fund stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nuveen Core Equity Alpha Fund 3-Year Dividend Growth Rate Related Terms>


Nuveen Core Equity Alpha Fund (Nuveen Core Equity Alpha Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Core Equity Alpha Fund is a diversified closed-end management investment company. Its investment objective is to provide an attractive level of total return, through long-term capital appreciation and through income and gains. The Fund invests in a portfolio of actively managed large-capitalization U.S. common stocks, using the sub-adviser's proprietary quantitative process designed to provide the potential for long-term outperformance.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Pei Hsiang Chen other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Maxim Kozlov other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Jody I Hrazanek other: Portfolio Manager 230 PARK AVENUE, NEW YORK NY 10169
Huffman William T. Jr. officer: President of NAM, LLC C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606

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