NKX (Nuveen California AMT-Free Quality Municipalome Fund) Dividend Payout Ratio: 0.37 (As of Feb. 2026) — 59% Below Median

What is Nuveen California AMT-Free Quality Municipalome Fund Dividend Payout Ratio?

Nuveen California AMT-Free Quality Municipalome Fund NKX +0.24% 33 Dividend Payout Ratio is 0.37 as of Feb. 2026, which is 59% below its 10-year median of 0.90. GuruFocus rates NKX with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 932 Asset Management companies, Nuveen California AMT-Free Quality Municipalome Fund ranks worse than 86.59% 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 California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio for the months ended in Feb. 2026 was 0.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen California AMT-Free Quality Municipal Income Fund is 2.12, which seems too high.

The historical rank and industry rank for Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio or its related term are showing as below:

NKX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.9 Max: 15.12
Current: 2.12

During the past 13 years, the highest Dividend Payout Ratio of Nuveen California AMT-Free Quality Municipalome Fund was 15.12. The lowest was 0.23. And the median was 0.90.

NKX's Dividend Payout Ratio is ranked worse than
86.59% of 932 companies
in the Asset Management industry
Industry Median: 0.7 vs NKX: 2.12

As of today (2026-07-05), the Dividend Yield % of Nuveen California AMT-Free Quality Municipalome Fund is 7.21%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nuveen California AMT-Free Quality Municipalome Fund was 7.76%. The lowest was 3.78%. And the median was 4.87%.

Nuveen California AMT-Free Quality Municipalome Fund's Dividends per Share for the months ended in Feb. 2026 was $0.46.

During the past 12 months, Nuveen California AMT-Free Quality Municipalome Fund's average Dividends Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen California AMT-Free Quality Municipalome Fund was 10.70% per year. The lowest was -9.50% per year. And the median was -1.80% 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 California AMT-Free Quality Municipalome Fund (NYSE:NKX) 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 California AMT-Free Quality Municipalome Fund Dividend Payout Ratio Related Terms

Nuveen California AMT-Free Quality Municipalome Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nuveen California AMT-Free Quality Municipalome 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 California AMT-Free Quality Municipalome Fund Dividend Payout Ratio Chart

Nuveen California AMT-Free Quality Municipalome Fund Annual Data

Trend

Feb16

Feb17

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Feb21

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Aug25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.00

0.62

0.00

Nuveen California AMT-Free Quality Municipalome Fund Semi-Annual Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.34	0.00	11.40	0.00	0.37

NKX vs BOT, NMFC, BOE: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Nuveen California AMT-Free Quality Municipalome 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 California AMT-Free Quality Municipalome Fund Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio falls into.

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33GF Score

Nuveen California AMT-Free Quality Municipal Income Fund NKX

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Nuveen California AMT-Free Quality Municipalome Fund Dividend Payout Ratio Calculation

Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2025 )	/	EPS without NRI (A: Aug. 2025 )
	=	0.912	/	-0.78
	=	N/A

Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio for the quarter that ended in Feb. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2026 )	/	EPS without NRI (Q: Feb. 2026 )
	=	0.456	/	1.25
	=	0.36

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.37 mean?

Nuveen California AMT-Free Quality Municipalome Fund (NKX) has a Dividend Payout Ratio of 0.37 as of Feb. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nuveen California AMT-Free Quality Municipalome Fund and its competitors. This is 59% below median its historical median of 0.90. Over the past decade, Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio has ranged from 0.23 to 15.12. According to the industry distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #807 out of 932 companies in the Asset Management industry, placing it in the top 86.6%.

Is Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio too high?

Nuveen California AMT-Free Quality Municipalome Fund's current Dividend Payout Ratio of 0.37 is 59% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 15.12. The Asset Management industry median Dividend Payout Ratio is 0.70. Nuveen California AMT-Free Quality Municipalome Fund's value of 0.37 is 47.1% below this industry median. Based on the distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #807 out of 932 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nuveen California AMT-Free Quality Municipalome Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.

How does Nuveen California AMT-Free Quality Municipalome Fund's Dividend Payout Ratio compare to BOT and NMFC?

According to the Asset Management industry distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #807 out of 932 companies for Dividend Payout Ratio. This places Nuveen California AMT-Free Quality Municipalome Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.70. Nuveen California AMT-Free Quality Municipalome Fund's value of 0.37 is 47.1% below this benchmark. Historically, Nuveen California AMT-Free Quality Municipalome Fund's own Dividend Payout Ratio has ranged from 0.23 to 15.12 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.70, Nuveen California AMT-Free Quality Municipalome 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 0.70, based on 932 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 California AMT-Free Quality Municipalome Fund's current Dividend Payout Ratio of 0.37 is 47.1% 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 California AMT-Free Quality Municipalome Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen California AMT-Free Quality Municipalome Fund's current Dividend Payout Ratio is 0.37, which is 59% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nuveen California AMT-Free Quality Municipalome Fund stock overvalued right now?

Nuveen California AMT-Free Quality Municipalome Fund (NKX) has a current Dividend Payout Ratio of 0.37. The current Dividend Payout Ratio is 0.37, which is 59% below median its 10-year median of 0.90 and 47.1% below the Asset Management industry median of 0.70. Nuveen California AMT-Free Quality Municipalome Fund's overall GF Score™ is 33/100 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 California AMT-Free Quality Municipalome Fund (NKX), the current Dividend Payout Ratio is 0.37 as of Feb. 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 California AMT-Free Quality Municipalome Fund Business Description

Industry Financial Services Asset Management

Comparable Companies BOT NMFC BOE BHK DLY NOAH MUJ SLRC PEO ACP BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT AMP LSE:III

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

Website https://www.nuveen.com

Nuveen California AMT-Free Quality Municipal Income Fund is a closed-end fixed income mutual fund. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Arizona individual income taxes and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued. It invests across sectors such as healthcare, utilities, transportation, and housing.

33GF Score

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