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Nuveen Variable Rate Preferred&Income (Nuveen Variable Rate Preferred&Income) Dividend Yield % : 6.75% (As of May. 27, 2024)


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What is Nuveen Variable Rate Preferred&Income Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of Nuveen Variable Rate Preferred&Income is 6.75%.

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

NPFD' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9.61
Current: 6.75

During the past 2 years, the highest Dividend Yield of Nuveen Variable Rate Preferred&Income was 9.61%. The lowest was 0.00%. And the median was 0.00%.

NPFD's Dividend Yield % is ranked better than
59.21% of 1216 companies
in the Asset Management industry
Industry Median: 5.54 vs NPFD: 6.75

Nuveen Variable Rate Preferred&Income's Dividend Payout Ratio for the six months ended in Jan. 2024 was 0.37.

As of today (2024-05-27), the Forward Dividend Yield % of Nuveen Variable Rate Preferred&Income is 8.18%.

Nuveen Variable Rate Preferred&Income's Dividends per Share for the six months ended in Jan. 2024 was $0.57.

During the past 12 months, Nuveen Variable Rate Preferred&Income's average Dividends Per Share Growth Rate was -26.10% per year.

The growth rate is calculated with least square regression.

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


Nuveen Variable Rate Preferred&Income Dividend Yield % Historical Data

The historical data trend for Nuveen Variable Rate Preferred&Income'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 Variable Rate Preferred&Income Dividend Yield % Chart

Nuveen Variable Rate Preferred&Income Annual Data
Trend Jul22 Jul23
Dividend Yield %
2.76 7.74

Nuveen Variable Rate Preferred&Income Semi-Annual Data
Jan22 Jul22 Jan23 Jul23 Jan24
Dividend Yield % - 2.76 8.05 7.74 6.21

Competitive Comparison of Nuveen Variable Rate Preferred&Income's Dividend Yield %

For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income'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 Variable Rate Preferred&Income's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Variable Rate Preferred&Income's Dividend Yield % falls into.



Nuveen Variable Rate Preferred&Income Dividend Yield % Calculation

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

Nuveen Variable Rate Preferred&Income Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1195002024-05-142024-05-152024-06-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.1195002024-04-122024-04-152024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1195002024-03-142024-03-152024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1195002024-02-142024-02-152024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0935002024-01-112024-01-122024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0935002023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0865002023-11-142023-11-152023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0865002023-10-122023-10-132023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0865002023-09-142023-09-152023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0865002023-08-142023-08-152023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0865002023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0865002023-06-142023-06-152023-07-03Cash 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 Variable Rate Preferred&Income's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.184/17.53
=6.75 %

Current Share Price is $17.53.
Nuveen Variable Rate Preferred&Income's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.184.

Nuveen Variable Rate Preferred&Income's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.434/17.53
=8.18 %

Current Share Price is $17.53.
Nuveen Variable Rate Preferred&Income's Dividends per Share for the forward twelve months is calculated as $0.1195 * 12 = $1.434.

* 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 Variable Rate Preferred&Income  (NYSE:NPFD) 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 Variable Rate Preferred&Income Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nuveen Variable Rate Preferred&Income's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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