Nuveen Floating Rateome Fund (Nuveen Floating Rateome Fund) Dividend Payout Ratio

: 0.80 (As of Jan. 2024)

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Nuveen Floating Rateome Fund's dividend payout ratio for the months ended in Jan. 2024 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Floating Rate Income Fund is 1.28, which seems too high.

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

JFR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 1.36 Max: 3.32
Current: 1.28

During the past 7 years, the highest Dividend Payout Ratio of Nuveen Floating Rateome Fund was 3.32. The lowest was 0.40. And the median was 1.36.

JFR's Dividend Payout Ratio is ranked worse than
72.98% of 940 companies
in the Asset Management industry
Industry Median: 0.83 vs JFR: 1.28

As of today (2024-04-19), the Dividend Yield % of Nuveen Floating Rateome Fund is 11.55%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Nuveen Floating Rateome Fund was 12.04%. The lowest was 6.08%. And the median was 7.68%.

Nuveen Floating Rateome Fund's Dividends per Share for the months ended in Jan. 2024 was $0.51.

During the past 12 months, Nuveen Floating Rateome Fund's average Dividends Per Share Growth Rate was 21.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Floating Rateome Fund was 9.10% per year. The lowest was -5.90% per year. And the median was -3.00% per year.

The growth rate is calculated with least square regression.

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

Nuveen Floating Rateome Fund Dividend Payout Ratio Historical Data

The historical data trend for Nuveen Floating Rateome 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 Floating Rateome Fund Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Dividend Payout Ratio

3.32

0.40

1.46

Nuveen Floating Rateome Fund Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio										0.94	-	1.27	3.98	0.80

Competitive Comparison

For the Asset Management subindustry, Nuveen Floating Rateome 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 Floating Rateome Fund Dividend Payout Ratio Distribution

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

* The bar in red indicates where Nuveen Floating Rateome Fund's Dividend Payout Ratio falls into.

Nuveen Floating Rateome Fund Dividend Payout Ratio Calculation

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

Nuveen Floating Rateome Fund's Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2023 )	/	EPS without NRI (A: Jul. 2023 )
	=	0.888	/	0.61
	=	1.46

Nuveen Floating Rateome Fund's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.51	/	0.64
	=	0.80

Nuveen Floating Rateome Fund (NYSE:JFR) 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 Floating Rateome Fund Dividend Payout Ratio Related Terms

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

Nuveen Floating Rateome Fund (Nuveen Floating Rateome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Floating Rate Income Fund (NYSE:JFR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.nuveen.com

Nuveen Floating Rate Income Fund is a diversified closed-end management investment company. Its investment objective is to achieve a high level of current income, consistent with the preservation of capital. It invests in adjustable-rate U.S. dollar-denominated secured Senior Loans.

Executives

Matthew Iii Thornton	other: Trustee	3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Nathaniel T. Jones	officer: Vice President and Treasurer	C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Scott C. Caraher	other: Portfolio Manager	C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Albin F Moschner	other: Trustee	C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
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
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Knights Of Columbus	10 percent owner	ONE COLUMBUS PLAZA, NEW HAVEN CT 06510
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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

Nuveen Floating Rateome Fund (Nuveen Floating Rateome Fund) Headlines

From GuruFocus

Nuveen Floating Rate Income Fund's Dividend Analysis

By GuruFocus Research • 10-11-2023