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Nuveen AMT-Free Municipal Creditome Fund (Nuveen AMT-Free Municipal Creditome Fund) Forward Dividend Yield %

: 5.91% (As of Today)
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As of today (2024-04-18), the Forward Annual Dividend Yield of Nuveen AMT-Free Municipal Creditome Fund is 5.91%.

As of today (2024-04-18), the Trailing Annual Dividend Yield of Nuveen AMT-Free Municipal Creditome Fund is 4.92%.

NVG's Forward Dividend Yield % is ranked better than
50.17% of 1208 companies
in the Asset Management industry
Industry Median: 5.93 vs NVG: 5.91

Nuveen AMT-Free Municipal Creditome Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.26.

During the past 12 months, Nuveen AMT-Free Municipal Creditome Fund's average Dividends Per Share Growth Rate was -30.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen AMT-Free Municipal Creditome Fund was 6.00% per year. The lowest was -12.50% per year. And the median was -1.20% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Asset Management subindustry, Nuveen AMT-Free Municipal Creditome Fund's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 AMT-Free Municipal Creditome Fund Forward Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Nuveen AMT-Free Municipal Creditome Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen AMT-Free Municipal Creditome Fund's Forward Dividend Yield % falls into.



Nuveen AMT-Free Municipal Creditome Fund Forward Dividend Yield % Calculation

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

Nuveen AMT-Free Municipal Creditome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0582024-04-122024-04-152024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0582024-03-142024-03-152024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0512024-02-142024-02-152024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0512024-01-112024-01-122024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0512023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0512023-11-142023-11-152023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432023-10-122023-10-132023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432023-09-142023-09-152023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432023-08-142023-08-152023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432023-06-142023-06-152023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0432023-05-122023-05-152023-06-01Cash 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 AMT-Free Municipal Creditome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.696/11.63
=5.98 %

Current Share Price is $11.63.
Nuveen AMT-Free Municipal Creditome Fund's Dividends per Share for the forward twelve months is calculated as $0.058 * 12 = $0.696.

Nuveen AMT-Free Municipal Creditome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.578/11.63
=4.97 %

Current Share Price is $11.63.
Nuveen AMT-Free Municipal Creditome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.578.

* 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 AMT-Free Municipal Creditome Fund  (NYSE:NVG) Forward 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 AMT-Free Municipal Creditome Fund Forward Dividend Yield % Related Terms

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Nuveen AMT-Free Municipal Creditome Fund (Nuveen AMT-Free Municipal Creditome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen AMT-Free Municipal Credit Income Fund is a diversified, closed-end management investment company. Its objective is to provide current income exempt from regular federal income tax. The Fund invests predominantly in investment grade municipal bonds that are exempt from regular federal income taxes.
Executives
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Terence J Toth other: Trustee
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
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Gifford R Zimmerman officer: Secretary 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, 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: Vice 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