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Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Dividend Payout Ratio : 0.39 (As of Aug. 2016)


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What is Nuveen CA Dividend Advantage Muni Fund 2 Dividend Payout Ratio?

Nuveen CA Dividend Advantage Muni Fund 2's dividend payout ratio for the months ended in Aug. 2016 was 0.39.

The historical rank and industry rank for Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio or its related term are showing as below:

NVX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.77
Current: 0.77


During the past 6 years, the highest Dividend Payout Ratio of Nuveen CA Dividend Advantage Muni Fund 2 was 0.77. The lowest was 0.00. And the median was 0.00.

NVX's Dividend Payout Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.82 vs NVX: 0.77

As of today (2024-04-29), the Dividend Yield % of Nuveen CA Dividend Advantage Muni Fund 2 is 3.57%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Nuveen CA Dividend Advantage Muni Fund 2 was 3.66%. The lowest was 0.00%. And the median was 0.00%.

Nuveen CA Dividend Advantage Muni Fund 2's Dividends per Share for the months ended in Aug. 2016 was $0.40.

The growth rate is calculated with least square regression.

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


Nuveen CA Dividend Advantage Muni Fund 2 Dividend Payout Ratio Historical Data

The historical data trend for Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio 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 CA Dividend Advantage Muni Fund 2 Dividend Payout Ratio Chart

Nuveen CA Dividend Advantage Muni Fund 2 Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Dividend Payout Ratio
Get a 7-Day Free Trial 0.32 0.53 - 0.47 0.77

Nuveen CA Dividend Advantage Muni Fund 2 Semi-Annual Data
Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.55 5.25 0.41 0.39

Competitive Comparison of Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio

For the Asset Management subindustry, Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio falls into.



Nuveen CA Dividend Advantage Muni Fund 2 Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio for the fiscal year that ended in Feb. 2016 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2016 )/ EPS without NRI (A: Feb. 2016 )
=0.825/ 1.078
=0.77

Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio for the quarter that ended in Aug. 2016 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Aug. 2016 )/ EPS without NRI (Q: Aug. 2016 )
=0.401/ 1.04
=0.39

* 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 CA Dividend Advantage Muni Fund 2 (AMEX:NVX) Dividend Payout Ratio Explanation

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.


Nuveen CA Dividend Advantage Muni Fund 2 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen CA Dividend Advantage Muni Fund 2 is a closed-end investment company. The Fund's investment objective is to provide an attractive level of total return, primarily through long-term capital appreciation and secondarily through income and gains.
Executives
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Margaret L. Wolff other: Trustee C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Sherri A Hlavacek officer: Vice President and Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Schreier Thomas S Jr other: Trustee C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
John Kevin Nelson other: Trustee C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Joel T. Slager officer: Vice President C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Steven M. Hlavin other: Portfolio Manager 333 W. WACKER DRIVE, SUITE 2900, CHICAGO IL 60606
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402