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Nuveen Variable Rate Preferred&Income (Nuveen Variable Rate Preferred&Income) 5-Year Yield-on-Cost % : 6.75 (As of May. 27, 2024)


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What is Nuveen Variable Rate Preferred&Income 5-Year Yield-on-Cost %?

Nuveen Variable Rate Preferred&Income's yield on cost for the quarter that ended in Jan. 2024 was 6.75.


The historical rank and industry rank for Nuveen Variable Rate Preferred&Income's 5-Year Yield-on-Cost % or its related term are showing as below:

NPFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9.61
Current: 6.75


During the past 2 years, Nuveen Variable Rate Preferred&Income's highest Yield on Cost was 9.61. The lowest was 0.00. And the median was 0.00.


NPFD's 5-Year Yield-on-Cost % is ranked better than
56.46% of 1215 companies
in the Asset Management industry
Industry Median: 5.88 vs NPFD: 6.75

Competitive Comparison of Nuveen Variable Rate Preferred&Income's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 Variable Rate Preferred&Income's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Variable Rate Preferred&Income's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Nuveen Variable Rate Preferred&Income's 5-Year Yield-on-Cost % falls into.



Nuveen Variable Rate Preferred&Income 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Nuveen Variable Rate Preferred&Income is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Nuveen Variable Rate Preferred&Income  (NYSE:NPFD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Nuveen Variable Rate Preferred&Income 5-Year Yield-on-Cost % Related Terms

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Nuveen Variable Rate Preferred&Income (Nuveen Variable Rate Preferred&Income) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Variable Rate Preferred&Income is a newly organized, diversified, closed-end management investment company. The Fund's investment objective is to seek to provide a high level of current income and total return.
Executives
Brenda A. Langenfeld other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 2900, 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
Margaret L. Wolff other: Trustee C/O NUVEEN 333 W. WACKER DR., 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
Douglas M. Baker other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Huffman William T. Jr. officer: President NAM C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606
Kevin J Mccarthy officer: Vice President C/O NUVEEN INVESTMENTS, 333 WEST WACKER DRIVE, CHICAGO IL 60606
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
William Curt Hunter other: Trustee
Gifford R Zimmerman officer: Chief Compliance Officer & VP 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
John Kevin Nelson other: Trustee C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606

Nuveen Variable Rate Preferred&Income (Nuveen Variable Rate Preferred&Income) Headlines