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Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Dividend Yield % : 11.41% (As of Apr. 25, 2024)


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What is Nuveen Credit Strategiesome Fund Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Nuveen Credit Strategiesome Fund is 11.41%.

The historical rank and industry rank for Nuveen Credit Strategiesome Fund's Dividend Yield % or its related term are showing as below:

JQC' s Dividend Yield % Range Over the Past 10 Years
Min: 6.46   Med: 9.44   Max: 19.43
Current: 11.41

During the past 6 years, the highest Dividend Yield of Nuveen Credit Strategiesome Fund was 19.43%. The lowest was 6.46%. And the median was 9.44%.

JQC's Dividend Yield % is ranked better than
87.98% of 1215 companies
in the Asset Management industry
Industry Median: 5.63 vs JQC: 11.41

Nuveen Credit Strategiesome Fund's Dividend Payout Ratio for the six months ended in Jan. 2024 was 0.81.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Credit Strategies Income Fund is 0.81, which seems too high.

During the past 6 years, the highest Dividend Payout Ratio of Nuveen Credit Strategiesome Fund was 3.16. The lowest was 0.81. And the median was 1.28.

As of today (2024-04-25), the Forward Dividend Yield % of Nuveen Credit Strategiesome Fund is 11.89%.

Nuveen Credit Strategiesome Fund's Dividends per Share for the six months ended in Jan. 2024 was $0.32.

During the past 12 months, Nuveen Credit Strategiesome Fund's average Dividends Per Share Growth Rate was 26.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.40% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Credit Strategiesome Fund was 21.00% per year. The lowest was -19.70% per year. And the median was 16.30% per year.

The growth rate is calculated with least square regression.

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


Nuveen Credit Strategiesome Fund Dividend Yield % Historical Data

The historical data trend for Nuveen Credit Strategiesome Fund's Dividend Yield % 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 Credit Strategiesome Fund Dividend Yield % Chart

Nuveen Credit Strategiesome Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Dividend Yield %
Get a 7-Day Free Trial 5.51 11.05 19.26 13.04 8.14

Nuveen Credit Strategiesome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.04 9.47 8.14 9.26 11.22

Competitive Comparison of Nuveen Credit Strategiesome Fund's Dividend Yield %

For the Asset Management subindustry, Nuveen Credit Strategiesome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Credit Strategiesome Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Credit Strategiesome Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen Credit Strategiesome Fund's Dividend Yield % falls into.



Nuveen Credit Strategiesome Fund Dividend Yield % Calculation

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

Nuveen Credit Strategiesome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0542024-04-122024-04-152024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0542024-03-142024-03-152024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0542024-02-142024-02-152024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0542024-01-112024-01-122024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0542023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0542023-11-142023-11-152023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0542023-10-122023-10-132023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0542023-09-142023-09-152023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0482023-08-142023-08-152023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0482023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0482023-06-142023-06-152023-07-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0482023-05-122023-05-152023-06-01Cash 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 Credit Strategiesome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.624/5.45
=11.45 %

Current Share Price is $5.45.
Nuveen Credit Strategiesome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.624.

Nuveen Credit Strategiesome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.648/5.45
=11.89 %

Current Share Price is $5.45.
Nuveen Credit Strategiesome Fund's Dividends per Share for the forward twelve months is calculated as $0.054 * 12 = $0.648.

* 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 Credit Strategiesome Fund  (NYSE:JQC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Nuveen Credit Strategiesome Fund Dividend Yield % Related Terms

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Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. Its investment objective is to provide high current income and total return. The fund meets its investment objectives by investing its managed assets in senior secured and second lien loans, and its managed assets across the capital structure of companies (including equity securities) with a primary emphasis on high yield bonds, convertible securities and other forms of income-producing securities.
Executives
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
Himani Trivedi other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
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
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
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
Bernard Wong other: Portfolio Manager C/O NUVEEN, 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
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

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