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NIM (Nuveen Select Maturities Municipal Fund) Dividend Payout Ratio : 0.75 (As of Sep. 2024)


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What is Nuveen Select Maturities Municipal Fund Dividend Payout Ratio?

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 Select Maturities Municipal Fund's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.75.

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

NIM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.87   Max: 27.7
Current: 0.38


During the past 7 years, the highest Dividend Payout Ratio of Nuveen Select Maturities Municipal Fund was 27.70. The lowest was 0.38. And the median was 0.87.

NIM's Dividend Payout Ratio is ranked better than
71.22% of 1018 companies
in the Asset Management industry
Industry Median: 0.675 vs NIM: 0.38

As of today (2024-12-14), the Dividend Yield % of Nuveen Select Maturities Municipal Fund is 4.02%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Nuveen Select Maturities Municipal Fund was 4.02%. The lowest was 2.79%. And the median was 3.06%.

Nuveen Select Maturities Municipal Fund's Dividends per Share for the months ended in Sep. 2024 was $0.16.

During the past 12 months, Nuveen Select Maturities Municipal Fund's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.80% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Select Maturities Municipal Fund was 0.40% per year. The lowest was -5.50% per year. And the median was -2.45% 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 Select Maturities Municipal Fund Dividend Payout Ratio Historical Data

The historical data trend for Nuveen Select Maturities Municipal 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 Select Maturities Municipal Fund Dividend Payout Ratio Chart

Nuveen Select Maturities Municipal Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial 1.59 0.45 - 27.70 0.89

Nuveen Select Maturities Municipal Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 0.27 - 0.25 0.75

Competitive Comparison of Nuveen Select Maturities Municipal Fund's Dividend Payout Ratio

For the Asset Management subindustry, Nuveen Select Maturities Municipal 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 Select Maturities Municipal Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Select Maturities Municipal Fund's Dividend Payout Ratio falls into.



Nuveen Select Maturities Municipal 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 Select Maturities Municipal Fund's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=0.312/ 0.35
=0.89

Nuveen Select Maturities Municipal Fund's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.164/ 0.22
=0.75

* 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 Select Maturities Municipal Fund (NYSE:NIM) 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 Select Maturities Municipal Fund Dividend Payout Ratio Related Terms

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


Nuveen Select Maturities Municipal Fund Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Select Maturities Municipal Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax, consistent with the preservation of capital by investing in an investment-grade quality portfolio of municipal obligations with intermediate characteristics.
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
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
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey 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
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Timothy T Ryan other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

Nuveen Select Maturities Municipal Fund Headlines