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Nuveen NY Select Tax-Freeome Port (Nuveen NY Select Tax-Freeome Port) 3-Year Dividend Growth Rate : 1.30% (As of Feb. 2024)


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What is Nuveen NY Select Tax-Freeome Port 3-Year Dividend Growth Rate?

Nuveen NY Select Tax-Freeome Port's Dividends per Share for the six months ended in Feb. 2024 was $0.25.

The historical rank and industry rank for Nuveen NY Select Tax-Freeome Port's 3-Year Dividend Growth Rate or its related term are showing as below:

NXN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -5.4   Med: -4.6   Max: 1.3
Current: 1.3

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen NY Select Tax-Freeome Port was 1.30% per year. The lowest was -5.40% per year. And the median was -4.60% per year.

NXN's 3-Year Dividend Growth Rate is ranked worse than
52.25% of 865 companies
in the Asset Management industry
Industry Median: 1.8 vs NXN: 1.30

During the past 12 months, Nuveen NY Select Tax-Freeome Port's average Dividends Per Share Growth Rate was 16.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.60% 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 NY Select Tax-Freeome Port's Dividend Payout Ratio for the six months ended in Feb. 2024 was 0.45. As of today, Nuveen NY Select Tax-Freeome Port's Dividend Yield % is 4.17%.

Good Sign:

Nuveen NY Select Tax-Free Income Port stock dividend yield is close to 10-year high.

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


Competitive Comparison of Nuveen NY Select Tax-Freeome Port's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Nuveen NY Select Tax-Freeome Port'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 NY Select Tax-Freeome Port's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen NY Select Tax-Freeome Port's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nuveen NY Select Tax-Freeome Port's 3-Year Dividend Growth Rate falls into.



Nuveen NY Select Tax-Freeome Port 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 NY Select Tax-Freeome Port  (NYSE:NXN) 3-Year Dividend Growth Rate Explanation

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

Nuveen NY Select Tax-Freeome Port's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.246/ 0.548
=0.45

During the past 6 years, the highest Dividend Payout Ratio of Nuveen NY Select Tax-Freeome Port was 1.25. The lowest was 0.56. And the median was 0.77.

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

Nuveen NY Select Tax-Freeome Port Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0410002024-05-142024-05-152024-06-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002024-04-122024-04-152024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002024-03-142024-03-152024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002024-02-142024-02-152024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002024-01-112024-01-122024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002023-11-142023-11-152023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002023-10-122023-10-132023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002023-09-142023-09-152023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002023-08-142023-08-152023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0410002023-06-142023-06-152023-07-03Cash 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 NY Select Tax-Freeome Port's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.492/11.81
=4.17 %

Current Share Price is $11.81.
Nuveen NY Select Tax-Freeome Port's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.492.

During the past 6 years, the highest Dividend Yield of Nuveen NY Select Tax-Freeome Port was 4.31%. The lowest was 3.23%. And the median was 3.63%.

Good Sign:

Nuveen NY Select Tax-Free Income Port stock dividend yield is close to 10-year high.

* 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 NY Select Tax-Freeome Port 3-Year Dividend Growth Rate Related Terms>


Nuveen NY Select Tax-Freeome Port (Nuveen NY Select Tax-Freeome Port) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen NY Select Tax-Free Income Port is a diversified closed-end management investment company. Its investment objective is to provide stable dividends exempt from regular federal income tax, as well as New York State and New York City personal income tax, consistent with the preservation of capital by investing primarily in a portfolio of municipal obligations.
Executives
Kristen Dejong other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
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
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: Vicen 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
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

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