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QQQX (Nuveen NASDAQ 100 Dynamic Overwrite Fund) Forward Dividend Yield % : 8.38% (As of Dec. 15, 2024)


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What is Nuveen NASDAQ 100 Dynamic Overwrite Fund Forward Dividend Yield %?

As of today (2024-12-15), the Forward Annual Dividend Yield of Nuveen NASDAQ 100 Dynamic Overwrite Fund is 8.38%.

As of today (2024-12-15), the Trailing Annual Dividend Yield of Nuveen NASDAQ 100 Dynamic Overwrite Fund is 6.81%.

QQQX's Forward Dividend Yield % is ranked better than
68.79% of 1179 companies
in the Asset Management industry
Industry Median: 6.06 vs QQQX: 8.38

Nuveen NASDAQ 100 Dynamic Overwrite Fund's Dividends per Share for the six months ended in Jun. 2024 was $0.84.

During the past 12 months, Nuveen NASDAQ 100 Dynamic Overwrite Fund's average Dividends Per Share Growth Rate was -8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen NASDAQ 100 Dynamic Overwrite Fund was 8.20% per year. The lowest was 2.20% per year. And the median was 2.60% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Nuveen NASDAQ 100 Dynamic Overwrite Fund's Forward Dividend Yield %

For the Asset Management subindustry, Nuveen NASDAQ 100 Dynamic Overwrite 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 NASDAQ 100 Dynamic Overwrite Fund's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen NASDAQ 100 Dynamic Overwrite Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen NASDAQ 100 Dynamic Overwrite Fund's Forward Dividend Yield % falls into.



Nuveen NASDAQ 100 Dynamic Overwrite Fund Forward Dividend Yield % Calculation

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

Nuveen NASDAQ 100 Dynamic Overwrite Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5600002024-12-132024-12-132024-12-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4200002024-09-132024-09-132024-10-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4200002024-06-142024-06-142024-07-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4200002024-03-142024-03-152024-04-01Cash DividendquarterlyUSD: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 NASDAQ 100 Dynamic Overwrite Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.24/26.74
=8.38 %

Current Share Price is $26.74.
Nuveen NASDAQ 100 Dynamic Overwrite Fund's Dividends per Share for the forward twelve months is calculated as $0.56 * 4 = $2.24.

Nuveen NASDAQ 100 Dynamic Overwrite Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.82/26.74
=6.81 %

Current Share Price is $26.74.
Nuveen NASDAQ 100 Dynamic Overwrite Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.82.

* 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 NASDAQ 100 Dynamic Overwrite Fund  (NAS:QQQX) 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 NASDAQ 100 Dynamic Overwrite Fund Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nuveen NASDAQ 100 Dynamic Overwrite Fund's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen NASDAQ 100 Dynamic Overwrite Fund Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen NASDAQ 100 Dynamic Overwrite Fund is a closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the Nasdaq 100 Index. Under normal circumstances, the Fund will invest at least 80% of its Assets in an equity portfolio made up of securities comprising the Nasdaq 100 Index (or securities that have economic characteristics that are similar to those securities comprising the Nasdaq 100 Index) that seeks to substantially replicate price movements of the Nasdaq 100 Index and is designed to support the Fund's option strategy.
Executives
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
Joanne Medero other: Trustee 333 W. 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
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Lei Liao other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Darren Tran other: Portfolio Manager 333 W. WACKER, C/O NUVEEN STE 3400, CHICAGO IL 60606
Philip James Campagna other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, 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