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Nuveen Multi-Assetome Fund (Nuveen Multi-Assetome Fund) Dividend Yield % : 11.35% (As of May. 26, 2024)


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What is Nuveen Multi-Assetome Fund Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of Nuveen Multi-Assetome Fund is 11.35%.

The historical rank and industry rank for Nuveen Multi-Assetome Fund's Dividend Yield % or its related term are showing as below:

NMAI' s Dividend Yield % Range Over the Past 10 Years
Min: 10.41   Med: 11.79   Max: 13.18
Current: 11.35

During the past 3 years, the highest Dividend Yield of Nuveen Multi-Assetome Fund was 13.18%. The lowest was 10.41%. And the median was 11.79%.

NMAI's Dividend Yield % is ranked better than
88.82% of 1216 companies
in the Asset Management industry
Industry Median: 5.535 vs NMAI: 11.35

Nuveen Multi-Assetome Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.90.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Multi-Asset Income Fund is 0.79, which seems too high.

During the past 3 years, the highest Dividend Payout Ratio of Nuveen Multi-Assetome Fund was 0.79. The lowest was 0.79. And the median was 0.79.

As of today (2024-05-26), the Forward Dividend Yield % of Nuveen Multi-Assetome Fund is 11.35%.

Nuveen Multi-Assetome Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.70.

During the past 12 months, Nuveen Multi-Assetome Fund's average Dividends Per Share Growth Rate was -7.10% per year.

The growth rate is calculated with least square regression.

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


Nuveen Multi-Assetome Fund Dividend Yield % Historical Data

The historical data trend for Nuveen Multi-Assetome Fund's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Nuveen Multi-Assetome Fund Dividend Yield % Chart

Nuveen Multi-Assetome Fund Annual Data
Trend Dec21 Dec22 Dec23
Dividend Yield %
- 12.32 10.57

Nuveen Multi-Assetome Fund Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Dividend Yield % 2.65 12.32 11.15 10.57

Competitive Comparison of Nuveen Multi-Assetome Fund's Dividend Yield %

For the Asset Management subindustry, Nuveen Multi-Assetome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Multi-Assetome Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Multi-Assetome Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen Multi-Assetome Fund's Dividend Yield % falls into.



Nuveen Multi-Assetome Fund Dividend Yield % Calculation

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

Nuveen Multi-Assetome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4000002024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3000002023-09-142023-09-152023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.3000002023-06-142023-06-152023-07-03Cash 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 Multi-Assetome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.4/12.34
=11.35 %

Current Share Price is $12.34.
Nuveen Multi-Assetome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.4.

Nuveen Multi-Assetome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.6/12.34
=12.97 %

Current Share Price is $12.34.
Nuveen Multi-Assetome Fund's Dividends per Share for the forward twelve months is calculated as $0.4 * 4 = $1.6.

* 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 Multi-Assetome Fund  (NYSE:NMAI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Nuveen Multi-Assetome Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nuveen Multi-Assetome Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Multi-Assetome Fund (Nuveen Multi-Assetome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The funds have investment objectives that focus on the pursuit of total return, comprised of income or distributions and capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Huffman William T. Jr. officer: President NAM C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Nathan Shetty other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Dugar Anurag other: Portfolio Manager 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
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Kevin J Mccarthy officer: Vice President & Asst. Secr. 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