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Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Dividend Yield % : 6.93% (As of May. 24, 2024)


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What is Nuveen Dynamic Municipal Opportunities Dividend Yield %?

As of today (2024-05-24), the Trailing Annual Dividend Yield of Nuveen Dynamic Municipal Opportunities is 6.93%.

Warning Sign:

Nuveen Dynamic Municipal Opportunities stock dividend yield is close to 1-year low.

The historical rank and industry rank for Nuveen Dynamic Municipal Opportunities's Dividend Yield % or its related term are showing as below:

NDMO' s Dividend Yield % Range Over the Past 10 Years
Min: 4.14   Med: 7.41   Max: 10.05
Current: 6.93

During the past 4 years, the highest Dividend Yield of Nuveen Dynamic Municipal Opportunities was 10.05%. The lowest was 4.14%. And the median was 7.41%.

NDMO's Dividend Yield % is ranked better than
60.34% of 1218 companies
in the Asset Management industry
Industry Median: 5.52 vs NDMO: 6.93

Nuveen Dynamic Municipal Opportunities's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Dynamic Municipal Opportunities is 3.05, which seems too high.

During the past 4 years, the highest Dividend Payout Ratio of Nuveen Dynamic Municipal Opportunities was 3.05. The lowest was 0.43. And the median was 1.73.

As of today (2024-05-24), the Forward Dividend Yield % of Nuveen Dynamic Municipal Opportunities is 6.93%.

Nuveen Dynamic Municipal Opportunities's Dividends per Share for the six months ended in Oct. 2023 was $0.37.

During the past 12 months, Nuveen Dynamic Municipal Opportunities's average Dividends Per Share Growth Rate was -14.20% per year.

The growth rate is calculated with least square regression.

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


Nuveen Dynamic Municipal Opportunities Dividend Yield % Historical Data

The historical data trend for Nuveen Dynamic Municipal Opportunities'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 Dynamic Municipal Opportunities Dividend Yield % Chart

Nuveen Dynamic Municipal Opportunities Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Dividend Yield %
- 3.91 9.73 8.79

Nuveen Dynamic Municipal Opportunities Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Yield % Get a 7-Day Free Trial 3.91 8.00 9.73 8.36 8.79

Competitive Comparison of Nuveen Dynamic Municipal Opportunities's Dividend Yield %

For the Asset Management subindustry, Nuveen Dynamic Municipal Opportunities'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 Dynamic Municipal Opportunities's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Dynamic Municipal Opportunities's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen Dynamic Municipal Opportunities's Dividend Yield % falls into.



Nuveen Dynamic Municipal Opportunities Dividend Yield % Calculation

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

Nuveen Dynamic Municipal Opportunities Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0620002024-05-142024-05-152024-06-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002024-04-122024-04-152024-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002024-03-142024-03-152024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002024-02-142024-02-152024-03-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002024-01-112024-01-122024-02-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002023-11-142023-11-152023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002023-10-122023-10-132023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002023-09-142023-09-152023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002023-08-142023-08-152023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0620002023-06-142023-06-152023-07-03Cash 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 Dynamic Municipal Opportunities's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.744/10.81
=6.88 %

Current Share Price is $10.81.
Nuveen Dynamic Municipal Opportunities's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.744.

Nuveen Dynamic Municipal Opportunities's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.744/10.81
=6.88 %

Current Share Price is $10.81.
Nuveen Dynamic Municipal Opportunities's Dividends per Share for the forward twelve months is calculated as $0.062 * 12 = $0.744.

* 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 Dynamic Municipal Opportunities  (NYSE:NDMO) 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 Dynamic Municipal Opportunities Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nuveen Dynamic Municipal Opportunities's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Dynamic Municipal Opportunities is a closed-end management investment company. The investment objective of the Fund is to seek total return through income exempt from regular federal income taxes and capital appreciation.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
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
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Paul L Brennan other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: Vice President & Secretary 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

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