GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen CA Dividend Advantage Muni Fund 2 (AMEX:NVX) » Definitions » Dividend Yield %

Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Dividend Yield % : 3.57% (As of Apr. 25, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Nuveen CA Dividend Advantage Muni Fund 2 Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Nuveen CA Dividend Advantage Muni Fund 2 is 3.57%.

The historical rank and industry rank for Nuveen CA Dividend Advantage Muni Fund 2's Dividend Yield % or its related term are showing as below:

NVX' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.66
Current: 3.57

During the past 6 years, the highest Dividend Yield of Nuveen CA Dividend Advantage Muni Fund 2 was 3.66%. The lowest was 0.00%. And the median was 0.00%.

NVX's Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.63 vs NVX: 3.57

Nuveen CA Dividend Advantage Muni Fund 2's Dividend Payout Ratio for the six months ended in Aug. 2016 was 0.39.

During the past 6 years, the highest Dividend Payout Ratio of Nuveen CA Dividend Advantage Muni Fund 2 was 0.77. The lowest was 0.00. And the median was 0.00.

As of today (2024-04-25), the Forward Dividend Yield % of Nuveen CA Dividend Advantage Muni Fund 2 is 4.06%.

Nuveen CA Dividend Advantage Muni Fund 2's Dividends per Share for the six months ended in Aug. 2016 was $0.40.

The growth rate is calculated with least square regression.

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


Nuveen CA Dividend Advantage Muni Fund 2 Dividend Yield % Historical Data

The historical data trend for Nuveen CA Dividend Advantage Muni Fund 2'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 CA Dividend Advantage Muni Fund 2 Dividend Yield % Chart

Nuveen CA Dividend Advantage Muni Fund 2 Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Dividend Yield %
Get a 7-Day Free Trial 6.16 5.80 6.55 5.86 5.28

Nuveen CA Dividend Advantage Muni Fund 2 Semi-Annual Data
Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 5.86 - 5.28 -

Competitive Comparison of Nuveen CA Dividend Advantage Muni Fund 2's Dividend Yield %

For the Asset Management subindustry, Nuveen CA Dividend Advantage Muni Fund 2'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 CA Dividend Advantage Muni Fund 2's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen CA Dividend Advantage Muni Fund 2's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen CA Dividend Advantage Muni Fund 2's Dividend Yield % falls into.



Nuveen CA Dividend Advantage Muni Fund 2 Dividend Yield % Calculation

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


Nuveen CA Dividend Advantage Muni Fund 2  (AMEX:NVX) 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 CA Dividend Advantage Muni Fund 2 Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Nuveen CA Dividend Advantage Muni Fund 2's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen CA Dividend Advantage Muni Fund 2 is a closed-end investment company. The Fund's investment objective is to provide an attractive level of total return, primarily through long-term capital appreciation and secondarily through income and gains.
Executives
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Margaret L. Wolff other: Trustee C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Sherri A Hlavacek officer: Vice President and Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Schreier Thomas S Jr other: Trustee C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
John Kevin Nelson other: Trustee C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Joel T. Slager officer: Vice President C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Steven M. Hlavin other: Portfolio Manager 333 W. WACKER DRIVE, SUITE 2900, CHICAGO IL 60606
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402

Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Headlines