GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Municipal Credit Opps Fund (NYSE:NMCO) » Definitions » 3-Year Dividend Growth Rate

Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) 3-Year Dividend Growth Rate : 34.70% (As of Oct. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Nuveen Municipal Credit Opps Fund 3-Year Dividend Growth Rate?

Nuveen Municipal Credit Opps Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.29.

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

NMCO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 34.7   Med: 34.7   Max: 34.7
Current: 34.7

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Municipal Credit Opps Fund was 34.70% per year. The lowest was 34.70% per year. And the median was 34.70% per year.

NMCO's 3-Year Dividend Growth Rate is ranked better than
94.22% of 865 companies
in the Asset Management industry
Industry Median: 1.9 vs NMCO: 34.70

During the past 12 months, Nuveen Municipal Credit Opps Fund's average Dividends Per Share Growth Rate was -17.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 34.70% 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 Municipal Credit Opps Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, Nuveen Municipal Credit Opps Fund's Dividend Yield % is 5.39%.

Warning Sign:

Nuveen Municipal Credit Opps Fund stock dividend yield is close to 2-year low.

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


Competitive Comparison of Nuveen Municipal Credit Opps Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Nuveen Municipal Credit Opps 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 Municipal Credit Opps Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Municipal Credit Opps Fund's 3-Year Dividend Growth Rate falls into.



Nuveen Municipal Credit Opps 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 Municipal Credit Opps Fund  (NYSE:NMCO) 3-Year Dividend Growth Rate Explanation

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

Nuveen Municipal Credit Opps Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.291/ -1.59
=N/A

During the past 5 years, the highest Dividend Payout Ratio of Nuveen Municipal Credit Opps Fund was 0.22. The lowest was 0.22. And the median was 0.22.

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

Nuveen Municipal Credit Opps Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0500002024-05-142024-05-152024-06-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0500002024-04-122024-04-152024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0500002024-03-142024-03-152024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0455002024-02-142024-02-152024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0455002024-01-112024-01-122024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0455002023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0455002023-11-142023-11-152023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0455002023-10-122023-10-132023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0500002023-09-142023-09-152023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0500002023-08-142023-08-152023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0500002023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0500002023-06-142023-06-152023-07-03Cash DividendmonthlyUSD: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 Municipal Credit Opps Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5775/10.669
=5.41 %

Current Share Price is $10.669.
Nuveen Municipal Credit Opps Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.5775.

During the past 5 years, the highest Dividend Yield of Nuveen Municipal Credit Opps Fund was 8.53%. The lowest was 1.55%. And the median was 5.76%.

Warning Sign:

Nuveen Municipal Credit Opps Fund stock dividend yield is close to 2-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 Municipal Credit Opps Fund 3-Year Dividend Growth Rate Related Terms>


Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal Credit Opps Fund is a closed-end fund. The fund's objective is to provide a high level of current income exempt from regular U.S. federal income tax and secondarily, total return. It invests in high yielding, low-to medium-quality municipal securities and uses leverage.
Executives
Terence J Toth other: Chairman of the Board
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
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
Lancellotta Amy B.r. other: Trustee 333 W. 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
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Jack Evans other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

Nuveen Municipal Credit Opps Fund (Nuveen Municipal Credit Opps Fund) Headlines

From GuruFocus

Melone Private Wealth, LLC Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-19-2023