NPFD (Nuveen Variable Rate Preferred&Income) Dividend Yield %: 10.39% (As of Jun. 25, 2026) — 39% Above Median


NPFD Nuveen Variable Rate Preferred&Income NPFD
33 GF Score
Price $18.57
! 6 Warning Signs
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What is Nuveen Variable Rate Preferred&Income Dividend Yield %?

Nuveen Variable Rate Preferred&Income NPFD +0.27% 33 Dividend Yield % is 10.39% as of Jun. 25, 2026, which is 39% above its 10-year median of 7.49. GuruFocus rates NPFD with a GF Score™ of 33/100. The stock has 6 warning signs investors should review. Among 1,115 Asset Management companies, Nuveen Variable Rate Preferred&Income ranks better than 81.79% on this metric.

As of today (2026-06-25), the Trailing Annual Dividend Yield of Nuveen Variable Rate Preferred&Income is 10.39%.

Good Sign:

Nuveen Variable Rate Preferred&Income stock Dividend Yield % is close to 5-year high.

The historical rank and industry rank for Nuveen Variable Rate Preferred&Income's Dividend Yield % or its related term are showing as below:

NPFD' s Dividend Yield % Range Over the Past 10 Years
Min: 4.51   Med: 7.49   Max: 11.27
Current: 10.39

During the past 4 years, the highest Dividend Yield of Nuveen Variable Rate Preferred&Income was 11.27%. The lowest was 4.51%. And the median was 7.49%.

NPFD's Dividend Yield % is ranked better than
81.79% of 1115 companies
in the Asset Management industry
Industry Median: 6.03 vs NPFD: 10.39

Nuveen Variable Rate Preferred&Income's Dividend Payout Ratio for the six months ended in Jan. 2026 was 0.82.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nuveen Variable Rate Preferred&Income is 0.92, which seems too high.

During the past 4 years, the highest Dividend Payout Ratio of Nuveen Variable Rate Preferred&Income was 1.04. The lowest was 0.53. And the median was 0.78.

As of today (2026-06-25), the Forward Dividend Yield % of Nuveen Variable Rate Preferred&Income is 10.09%.

Nuveen Variable Rate Preferred&Income's Dividends per Share for the six months ended in Jan. 2026 was $0.97.

During the past 12 months, Nuveen Variable Rate Preferred&Income's average Dividends Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.20% per year.

During the past 4 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen Variable Rate Preferred&Income was 29.20% per year. The lowest was 29.20% per year. And the median was 29.20% 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 Variable Rate Preferred&Income  (NYSE:NPFD) 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 Variable Rate Preferred&Income Dividend Yield % Related Terms

Nuveen Variable Rate Preferred&Income Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Nuveen Variable Rate Preferred&Income'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.

Nuveen Variable Rate Preferred&Income Dividend Yield % Chart

Nuveen Variable Rate Preferred&Income Annual Data
Trend Jul22 Jul23 Jul24 Jul25
Dividend Yield %
3.97 7.74 7.16 10.33

Nuveen Variable Rate Preferred&Income Semi-Annual Data
Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only 6.21 7.16 9.48 10.33 10.24

NPFD vs FFA, ETB, KIO: Dividend Yield % Comparison

For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income'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 Variable Rate Preferred&Income Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Variable Rate Preferred&Income's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen Variable Rate Preferred&Income's Dividend Yield % falls into.


NPFD
33GF Score
Nuveen Variable Rate Preferred&Income NPFD
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Variable Rate Preferred&Income Dividend Yield % Calculation

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

Nuveen Variable Rate Preferred&Income Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1565002026-06-152026-06-152026-07-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-05-152026-05-152026-06-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-04-152026-04-152026-05-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-03-132026-03-132026-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-02-132026-02-132026-03-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002026-01-152026-01-152026-02-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.1565002025-12-152025-12-152025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1675002025-11-142025-11-142025-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1675002025-10-152025-10-152025-11-03Cash DividendmonthlyUSD:USD 1.000000
USD 0.1675002025-09-152025-09-152025-10-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1675002025-08-152025-08-152025-09-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.1675002025-07-152025-07-152025-08-01Cash 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 Variable Rate Preferred&Income's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.933/18.57
=10.41 %

Current Share Price is $18.57.
Nuveen Variable Rate Preferred&Income's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.933.

Nuveen Variable Rate Preferred&Income's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.878/18.57
=10.11 %

Current Share Price is $18.57.
Nuveen Variable Rate Preferred&Income's Dividends per Share for the forward twelve months is calculated as $0.1565 * 12 = $1.878.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 10.39% mean?
Nuveen Variable Rate Preferred&Income (NPFD) has a Dividend Yield % of 10.39% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. This is 39% above median its historical median of 7.49. Over the past decade, Nuveen Variable Rate Preferred&Income's Dividend Yield % has ranged from 4.51 to 11.27. According to the industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #203 out of 1115 companies in the Asset Management industry, placing it in the top 18.2%.
Is Nuveen Variable Rate Preferred&Income's Dividend Yield % too high?
Nuveen Variable Rate Preferred&Income's current Dividend Yield % of 10.39% is 39% above median its 10-year median of 7.49. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 11.27. The Asset Management industry median Dividend Yield % is 6.03. Nuveen Variable Rate Preferred&Income's value of 10.39% is 72.3% above this industry median. Based on the distribution chart, Nuveen Variable Rate Preferred&Income ranks #203 out of 1115 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nuveen Variable Rate Preferred&Income has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Variable Rate Preferred&Income's Dividend Yield % compare to FFA and ETB?
According to the Asset Management industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #203 out of 1115 companies for Dividend Yield %. This places Nuveen Variable Rate Preferred&Income in the top 18% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 6.03. Nuveen Variable Rate Preferred&Income's value of 10.39% is 72.3% above this benchmark. Historically, Nuveen Variable Rate Preferred&Income's own Dividend Yield % has ranged from 4.51 to 11.27 over the past decade. While the company's 10-year median is 7.49 vs. the industry median of 6.03, Nuveen Variable Rate Preferred&Income has consistently been above 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 Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 6.03, based on 1,115 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Variable Rate Preferred&Income's current Dividend Yield % of 10.39% is 72.3% above 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. For the Asset Management industry, the median Dividend Yield % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Variable Rate Preferred&Income's current Dividend Yield % is 10.39%, which is 39% above median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Variable Rate Preferred&Income stock overvalued right now?
Nuveen Variable Rate Preferred&Income (NPFD) has a current Dividend Yield % of 10.39%. The current Dividend Yield % is 10.39%, which is 39% above median its 10-year median of 7.49 and 72.3% above the Asset Management industry median of 6.03. Nuveen Variable Rate Preferred&Income's overall GF Score™ is 33/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Nuveen Variable Rate Preferred&Income (NPFD), the current Dividend Yield % is 10.39% as of Jun. 25, 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 Variable Rate Preferred&Income Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Variable Rate Preferred&Income is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The fund invests a majority of its assets in variable-rate preferred securities and other variable-rate income-producing securities. The rest of its investments can be made in contingent capital securities or contingent convertible securities, convertible securities, corporate debt securities, U.S. government securities, residential and commercial mortgage-backed securities, fixed-rate preferred securities, senior loans and loan participations and assignments, sovereign debt instruments, debt securities issued by supranational agencies, and/or taxable and tax-exempt municipal bonds.
33GF Score

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Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.57
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