NPFD (Nuveen Variable Rate Preferred&Income) 3-Year Dividend Growth Rate: 29.20% (As of Jan. 2026) — Near Median

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NPFD Nuveen Variable Rate Preferred&Income NPFD
30 GF Score
Price $18.74
! 6 Warning Signs
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What is Nuveen Variable Rate Preferred&Income 3-Year Dividend Growth Rate?

Nuveen Variable Rate Preferred&Income NPFD +0.11% 30 3-Year Dividend Growth Rate is 29.20% as of Jan. 2026, which is at its 10-year median of 29.20. GuruFocus rates NPFD with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 849 Asset Management companies, Nuveen Variable Rate Preferred&Income ranks better than 91.52% on this metric.

Nuveen Variable Rate Preferred&Income's Dividends per Share for the six months ended in Jan. 2026 was $0.97.

The historical rank and industry rank for Nuveen Variable Rate Preferred&Income's 3-Year Dividend Growth Rate or its related term are showing as below:

NPFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 29.2   Med: 29.2   Max: 29.2
Current: 29.2

During the past 4 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Variable Rate Preferred&Income was 29.20% per year. The lowest was 29.20% per year. And the median was 29.20% per year.

NPFD's 3-Year Dividend Growth Rate is ranked better than
91.52% of 849 companies
in the Asset Management industry
Industry Median: 4 vs NPFD: 29.20

During the past 12 months, Nuveen Variable Rate Preferred&Income's average Dividends Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Nuveen Variable Rate Preferred&Income's Dividend Payout Ratio for the six months ended in Jan. 2026 was 0.82. As of today, Nuveen Variable Rate Preferred&Income's Dividend Yield % is 10.20%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Variable Rate Preferred&Income is 0.92, which seems too high.

Good Sign:

Nuveen Variable Rate Preferred&Income stock Dividend Yield % is close to 5-year high.

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

Nuveen Variable Rate Preferred&Income  (NYSE:NPFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Nuveen Variable Rate Preferred&Income's Dividend Payout Ratio for the quarter that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2026 )/ EPS without NRI (Q: Jan. 2026 )
=0.972/ 1.18
=0.82

During the past 4 years, the highest Dividend Payout Ratio of Nuveen Variable Rate Preferred&Income was 1.04. The lowest was 0.53. And the median was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Variable Rate Preferred&Income is 0.92, which seems too high.

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

Nuveen Variable Rate Preferred&Income Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1565002026-08-142026-08-142026-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-07-152026-07-152026-08-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-06-152026-06-152026-07-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-05-152026-05-152026-06-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-04-152026-04-152026-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-03-132026-03-132026-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-02-132026-02-132026-03-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-01-152026-01-152026-02-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002025-12-152025-12-152025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1675002025-11-142025-11-142025-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1675002025-10-152025-10-152025-11-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.1675002025-09-152025-09-152025-10-01Cash 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 Variable Rate Preferred&Income's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.911/18.74
=10.20 %

Current Share Price is $18.74.
Nuveen Variable Rate Preferred&Income's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.911.

During the past 4 years, the highest Dividend Yield of Nuveen Variable Rate Preferred&Income was 11.27%. The lowest was 4.51%. And the median was 7.51%.

Good Sign:

Nuveen Variable Rate Preferred&Income stock Dividend Yield % is close to 5-year high.

* 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 Variable Rate Preferred&Income 3-Year Dividend Growth Rate Related Terms>

NPFD vs NBB, FFA, ETB: 3-Year Dividend Growth Rate Comparison

For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Variable Rate Preferred&Income 3-Year Dividend Growth Rate vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Variable Rate Preferred&Income's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nuveen Variable Rate Preferred&Income's 3-Year Dividend Growth Rate falls into.


NPFD
30GF Score
Nuveen Variable Rate Preferred&Income NPFD
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Variable Rate Preferred&Income 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 29.20% mean?
Nuveen Variable Rate Preferred&Income (NPFD) has a 3-Year Dividend Growth Rate of 29.20% as of Jan. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. This is near median its historical median of 29.20. Over the past decade, Nuveen Variable Rate Preferred&Income's 3-Year Dividend Growth Rate has ranged from 29.20 to 29.20. According to the industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #72 out of 849 companies in the Asset Management industry, placing it in the top 8.5%.
Is Nuveen Variable Rate Preferred&Income's 3-Year Dividend Growth Rate too high?
Nuveen Variable Rate Preferred&Income's current 3-Year Dividend Growth Rate of 29.20% is near median its 10-year median of 29.20. Over the past 10 years, this metric has ranged from a low of 29.20 to a high of 29.20. The Asset Management industry median 3-Year Dividend Growth Rate is 4.00. Nuveen Variable Rate Preferred&Income's value of 29.20% is 630% above this industry median. Based on the distribution chart, Nuveen Variable Rate Preferred&Income ranks #72 out of 849 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nuveen Variable Rate Preferred&Income has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Variable Rate Preferred&Income's 3-Year Dividend Growth Rate compare to NBB and FFA?
According to the Asset Management industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #72 out of 849 companies for 3-Year Dividend Growth Rate. This places Nuveen Variable Rate Preferred&Income in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 4.00. Nuveen Variable Rate Preferred&Income's value of 29.20% is 630% above this benchmark. Historically, Nuveen Variable Rate Preferred&Income's own 3-Year Dividend Growth Rate has ranged from 29.20 to 29.20 over the past decade. While the company's 10-year median is 29.20 vs. the industry median of 4.00, Nuveen Variable Rate Preferred&Income has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Asset Management company?
The median 3-Year Dividend Growth Rate among Asset Management companies is 4.00, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Variable Rate Preferred&Income's current 3-Year Dividend Growth Rate of 29.20% is 630% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. For the Asset Management industry, the median 3-Year Dividend Growth Rate is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Variable Rate Preferred&Income's current 3-Year Dividend Growth Rate is 29.20%, which is near median its own 10-year median of 29.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Variable Rate Preferred&Income stock overvalued right now?
Nuveen Variable Rate Preferred&Income (NPFD) has a current 3-Year Dividend Growth Rate of 29.20%. The current 3-Year Dividend Growth Rate is 29.20%, which is near median its 10-year median of 29.20 and 630% above the Asset Management industry median of 4.00. Nuveen Variable Rate Preferred&Income's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Nuveen Variable Rate Preferred&Income (NPFD), the current 3-Year Dividend Growth Rate is 29.20% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nuveen Variable Rate Preferred&Income Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Variable Rate Preferred&Income is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The fund invests a majority of its assets in variable-rate preferred securities and other variable-rate income-producing securities. The rest of its investments can be made in contingent capital securities or contingent convertible securities, convertible securities, corporate debt securities, U.S. government securities, residential and commercial mortgage-backed securities, fixed-rate preferred securities, senior loans and loan participations and assignments, sovereign debt instruments, debt securities issued by supranational agencies, and/or taxable and tax-exempt municipal bonds.
30GF Score

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3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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