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Nuveen AMT-Free Municipal Creditome Fund (Nuveen AMT-Free Municipal Creditome Fund) Dividend Payout Ratio

: 0.00 (As of Oct. 2023)
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Nuveen AMT-Free Municipal Creditome Fund's dividend payout ratio for the months ended in Oct. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen AMT-Free Municipal Credit Income Fund is 4.08, which seems too high.

The historical rank and industry rank for Nuveen AMT-Free Municipal Creditome Fund's Dividend Payout Ratio or its related term are showing as below:

NVG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.86   Max: 4.08
Current: 4.08

During the past 13 years, the highest Dividend Payout Ratio of Nuveen AMT-Free Municipal Creditome Fund was 4.08. The lowest was 0.29. And the median was 0.86.

NVG's Dividend Payout Ratio is ranked worse than
92.87% of 940 companies
in the Asset Management industry
Industry Median: 0.83 vs NVG: 4.08

As of today (2024-04-20), the Dividend Yield % of Nuveen AMT-Free Municipal Creditome Fund is 4.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nuveen AMT-Free Municipal Creditome Fund was 7.72%. The lowest was 4.35%. And the median was 5.18%.

Nuveen AMT-Free Municipal Creditome Fund's Dividends per Share for the 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.

Nuveen AMT-Free Municipal Creditome Fund Dividend Payout Ratio Historical Data

The historical data trend for Nuveen AMT-Free Municipal Creditome 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 AMT-Free Municipal Creditome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 1.92 0.57 - 4.08

Nuveen AMT-Free Municipal Creditome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 - - 0.16 -
Competitive Comparison

For the Asset Management subindustry, Nuveen AMT-Free Municipal Creditome 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 AMT-Free Municipal Creditome Fund Dividend Payout Ratio Distribution

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

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


Nuveen AMT-Free Municipal Creditome Fund Dividend Payout Ratio Calculation

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

Nuveen AMT-Free Municipal Creditome Fund's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Oct. 2023 )/ EPS without NRI (A: Oct. 2023 )
=0.53/ 0.13
=4.08

Nuveen AMT-Free Municipal Creditome Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.263/ -1.51
=N/A

* 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) 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 AMT-Free Municipal Creditome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nuveen AMT-Free Municipal Creditome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) » Definitions » Dividend Payout Ratio
Comparable Companies
EXG PSEC CSQ TPG APAM NAD HTGC NZF ADX VCTR BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
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