Nuveen California AMT-Free Quality Municipalome Fund's dividend payout ratio for the
months ended in Aug. 2023 was 4.98.
The historical rank and industry rank for Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Nuveen California AMT-Free Quality Municipalome Fund was 15.12. The lowest was 0.23. And the median was 0.90.
NKX's Dividend Payout Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.83 * Ranked among companies with meaningful Dividend Payout Ratio only.
As of today (2024-04-23), the Dividend Yield % of Nuveen California AMT-Free Quality Municipalome Fund is 4.48%.
During the past 13 years, the highest Trailing Annual Dividend Yield of Nuveen California AMT-Free Quality Municipalome Fund was 6.92%. The lowest was 3.78%. And the median was 5.08%.
Nuveen California AMT-Free Quality Municipalome Fund's Dividends per Share for the
months ended in Aug. 2023 was $0.25.
During the past 12 months, Nuveen California AMT-Free Quality Municipalome Fund's average Dividends Per Share Growth Rate was -22.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -1.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -1.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -3.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen California AMT-Free Quality Municipalome Fund was 2.10% per year. The lowest was -9.50% per year. And the median was -1.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Nuveen California AMT-Free Quality Municipalome Fund Dividend Payout Ratio Historical Data
The historical data trend for Nuveen California AMT-Free Quality Municipalome Fund'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 California AMT-Free Quality Municipalome Fund Annual Data
Trend
Feb14
Feb15
Feb16
Feb17
Feb18
Feb19
Feb20
Feb21
Feb22
Feb23
Dividend Payout Ratio
1.17
0.23
-
-
-
Nuveen California AMT-Free Quality Municipalome Fund Semi-Annual Data
Feb14
Aug14
Feb15
Aug15
Feb16
Aug16
Feb17
Aug17
Feb18
Aug18
Feb19
Aug19
Feb20
Aug20
Feb21
Aug21
Feb22
Aug22
Feb23
Aug23
Dividend Payout Ratio
0.47
-
-
-
4.98
Competitive Comparison
For the Asset Management subindustry, Nuveen California AMT-Free Quality Municipalome Fund'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 California AMT-Free Quality Municipalome Fund Dividend Payout Ratio Distribution
For the Asset Management industry and Financial Services sector, Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio falls into.
Nuveen California AMT-Free Quality Municipalome Fund Dividend Payout Ratio Calculation
Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.
Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio for the fiscal year that ended in Feb. 2023 is calculated as
* 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 California AMT-Free Quality Municipalome Fund (NYSE:NKX) 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 California AMT-Free Quality Municipalome Fund Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen California AMT-Free Quality Municipalome Fund (Nuveen California AMT-Free Quality Municipalome Fund) Business Description
Nuveen California AMT-Free Quality Municipal Income Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax, federal alternative minimum tax applies to individuals and California income tax, and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal securities that the Fund's investment adviser and/or the Fund's sub-adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
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