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Nuveen Floating Rateome Opp Fd (Nuveen Floating Rateome Opp Fd) Dividend Yield % : 10.95% (As of May. 12, 2024)


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What is Nuveen Floating Rateome Opp Fd Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Nuveen Floating Rateome Opp Fd is 10.95%.

The historical rank and industry rank for Nuveen Floating Rateome Opp Fd's Dividend Yield % or its related term are showing as below:

JRO' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10.95
Current: 10.95

During the past 6 years, the highest Dividend Yield of Nuveen Floating Rateome Opp Fd was 10.95%. The lowest was 0.00%. And the median was 0.00%.

JRO's Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.57 vs JRO: 10.95

Nuveen Floating Rateome Opp Fd's Dividend Payout Ratio for the six months ended in Jul. 2022 was 0.00.

As of today (2024-05-12), the Forward Dividend Yield % of Nuveen Floating Rateome Opp Fd is 11.27%.

Nuveen Floating Rateome Opp Fd's Dividends per Share for the six months ended in Jul. 2022 was $0.36.

The growth rate is calculated with least square regression.

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


Nuveen Floating Rateome Opp Fd Dividend Yield % Historical Data

The historical data trend for Nuveen Floating Rateome Opp Fd'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 Floating Rateome Opp Fd Dividend Yield % Chart

Nuveen Floating Rateome Opp Fd Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Dividend Yield %
Get a 7-Day Free Trial 7.09 7.58 8.63 6.35 7.30

Nuveen Floating Rateome Opp Fd Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8.63 6.55 6.35 6.68 7.30

Competitive Comparison of Nuveen Floating Rateome Opp Fd's Dividend Yield %

For the Asset Management subindustry, Nuveen Floating Rateome Opp Fd'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 Floating Rateome Opp Fd's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Floating Rateome Opp Fd's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen Floating Rateome Opp Fd's Dividend Yield % falls into.



Nuveen Floating Rateome Opp Fd Dividend Yield % Calculation

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

Nuveen Floating Rateome Opp Fd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0740002023-07-132023-07-142023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0740002023-06-142023-06-152023-07-03Cash 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 Floating Rateome Opp Fd's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.148/7.88
=1.88 %

Current Share Price is $7.88.
Nuveen Floating Rateome Opp Fd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.148.

Nuveen Floating Rateome Opp Fd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.888/7.88
=11.27 %

Current Share Price is $7.88.
Nuveen Floating Rateome Opp Fd's Dividends per Share for the forward twelve months is calculated as $0.074 * 12 = $0.888.

* 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 Floating Rateome Opp Fd  (NYSE:JRO) 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 Floating Rateome Opp Fd Dividend Yield % Related Terms

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


Nuveen Floating Rateome Opp Fd (Nuveen Floating Rateome Opp Fd) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Floating Rate Income Opp Fd is a diversified closed-end management investment company. Its investment objective is to achieve a high level of current income. The Fund invests its managed assets in adjustable rate loans, primarily secured senior loans. It may also invest in unsecured senior loans and secured and unsecured subordinated loans.
Executives
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
Scott C. Caraher other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, 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
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Knights Of Columbus 10 percent owner ONE COLUMBUS PLAZA, NEW HAVEN CT 06510
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
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