JCE (Nuveen Core Equity Alpha Fund) Dividend Payout Ratio: 0.34 (As of Dec. 2025) — Near Median


JCE Nuveen Core Equity Alpha Fund JCE
46 GF Score
Price $15.78
GF Value $15.42
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Nuveen Core Equity Alpha Fund Dividend Payout Ratio?

Nuveen Core Equity Alpha Fund JCE +0.57% 46 Dividend Payout Ratio is 0.34 as of Dec. 2025, which is 8% below its 10-year median of 0.37. GuruFocus rates JCE with a GF Scoreâ„¢ of 46/100 and a GF Valueâ„¢ of $15.42 (Fairly Valued). The stock has 7 warning signs investors should review. Among 935 Asset Management companies, Nuveen Core Equity Alpha Fund ranks better than 65.24% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Nuveen Core Equity Alpha Fund's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.34.

The historical rank and industry rank for Nuveen Core Equity Alpha Fund's Dividend Payout Ratio or its related term are showing as below:

JCE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.37   Max: 0.84
Current: 0.47


During the past 9 years, the highest Dividend Payout Ratio of Nuveen Core Equity Alpha Fund was 0.84. The lowest was 0.30. And the median was 0.37.

JCE's Dividend Payout Ratio is ranked better than
65.24% of 935 companies
in the Asset Management industry
Industry Median: 0.71 vs JCE: 0.47

As of today (2026-06-26), the Dividend Yield % of Nuveen Core Equity Alpha Fund is 8.22%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Nuveen Core Equity Alpha Fund was 13.57%. The lowest was 5.20%. And the median was 8.09%.

Nuveen Core Equity Alpha Fund's Dividends per Share for the months ended in Dec. 2025 was $0.64.

During the past 3 years, the average Dividends Per Share Growth Rate was -6.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.60% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Core Equity Alpha Fund was 16.50% per year. The lowest was -6.80% per year. And the median was 2.35% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Nuveen Core Equity Alpha Fund (NYSE:JCE) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Core Equity Alpha Fund Dividend Payout Ratio Related Terms


Nuveen Core Equity Alpha Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nuveen Core Equity Alpha 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.

Nuveen Core Equity Alpha Fund Dividend Payout Ratio Chart

Nuveen Core Equity Alpha Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.31 0.00 0.51 0.37 0.47

Nuveen Core Equity Alpha Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial 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 0.91 0.31 0.47 0.78 0.34

JCE vs XFLT, TDF, CFNB: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Nuveen Core Equity Alpha 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 Core Equity Alpha Fund Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Core Equity Alpha Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen Core Equity Alpha Fund's Dividend Payout Ratio falls into.


JCE
46GF Score
Nuveen Core Equity Alpha Fund JCE
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Core Equity Alpha Fund Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Nuveen Core Equity Alpha Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.28/ 2.7
=0.47

Nuveen Core Equity Alpha Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.64/ 1.88
=0.34

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.34 mean?
Nuveen Core Equity Alpha Fund (JCE) has a Dividend Payout Ratio of 0.34 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nuveen Core Equity Alpha Fund and its competitors. This is near median its historical median of 0.37. Over the past decade, Nuveen Core Equity Alpha Fund's Dividend Payout Ratio has ranged from 0.30 to 0.84. According to the industry distribution chart, Nuveen Core Equity Alpha Fund ranks #325 out of 935 companies in the Asset Management industry, placing it in the top 34.8%.
Is Nuveen Core Equity Alpha Fund's Dividend Payout Ratio too high?
Nuveen Core Equity Alpha Fund's current Dividend Payout Ratio of 0.34 is near median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.84. The Asset Management industry median Dividend Payout Ratio is 0.71. Nuveen Core Equity Alpha Fund's value of 0.34 is 52.1% below this industry median. Based on the distribution chart, Nuveen Core Equity Alpha Fund ranks #325 out of 935 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen Core Equity Alpha Fund has a GF Scoreâ„¢ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Core Equity Alpha Fund's Dividend Payout Ratio compare to XFLT and TDF?
According to the Asset Management industry distribution chart, Nuveen Core Equity Alpha Fund ranks #325 out of 935 companies for Dividend Payout Ratio. This puts Nuveen Core Equity Alpha Fund in the upper half of its industry. The industry median Dividend Payout Ratio is 0.71. Nuveen Core Equity Alpha Fund's value of 0.34 is 52.1% below this benchmark. Historically, Nuveen Core Equity Alpha Fund's own Dividend Payout Ratio has ranged from 0.30 to 0.84 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.71, Nuveen Core Equity Alpha Fund has consistently been below 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 Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Core Equity Alpha Fund's current Dividend Payout Ratio of 0.34 is 52.1% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nuveen Core Equity Alpha Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Core Equity Alpha Fund's current Dividend Payout Ratio is 0.34, which is near median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Core Equity Alpha Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Core Equity Alpha Fund (JCE) is currently considered Fairly Valued. The stock's GF Value™ is $15.42, compared to a current price of $15.78 — trading 2.3% above its estimated fair value. The current Dividend Payout Ratio is 0.34, which is near median its 10-year median of 0.37 and 52.1% below the Asset Management industry median of 0.71. Nuveen Core Equity Alpha Fund's overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Nuveen Core Equity Alpha Fund (JCE), the current Dividend Payout Ratio is 0.34 as of Dec. 2025. 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.

Is Nuveen Core Equity Alpha Fund (JCE) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Core Equity Alpha Fund stock appears to be overvalued. The current stock price of $15.78 is trading 2.3% above its estimated GF Value™ of $15.42. GuruFocus considers Nuveen Core Equity Alpha Fund to be Fairly Valued.

Key valuation signals for JCE:

  • Dividend Payout Ratio: 0.34 (near median its 10-year median of 0.37)
  • GF Value™: $15.42 vs. price of $15.78 (2.3% above fair value)
  • GF Score™: 46/100 with 7 warning signs
  • Industry Position: 52.1% below the Asset Management median (#325 of 935)

No single metric tells the full story. See the JCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Core Equity Alpha Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Core Equity Alpha Fund is a diversified closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the S&P 500 Index. The Fund invests in a portfolio of actively managed large-capitalization U.S. common stocks, using the sub-adviser's proprietary quantitative process designed to provide the potential for long-term outperformance. Additionally, the Fund seeks to reduce the volatility of its returns relative to the returns of the Equity Portfolio over extended periods by writing (selling) index call options and/or call options on custom baskets of securities.
46GF Score

Get the complete analysis for JCE

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.78
Price
$15.42
GF Value