SPXX (Nuveen S&P 500 Dynamic Overwrite Fund) Dividend Yield %: 7.94% (As of Jun. 26, 2026) — 13% Above Median


SPXX Nuveen S&P 500 Dynamic Overwrite Fund SPXX
57 GF Score
Price $18.02
GF Value $15.28
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nuveen S&P 500 Dynamic Overwrite Fund Dividend Yield %?

Nuveen S&P 500 Dynamic Overwrite Fund SPXX +0.33% 57 Dividend Yield % is 7.94% as of Jun. 26, 2026, which is 13% above its 10-year median of 7.01. GuruFocus rates SPXX with a GF Score™ of 57/100 and a GF Value™ of $15.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,111 Asset Management companies, Nuveen S&P 500 Dynamic Overwrite Fund ranks better than 68.05% on this metric.

As of today (2026-06-26), the Trailing Annual Dividend Yield of Nuveen S&P 500 Dynamic Overwrite Fund is 7.94%.

Good Sign:

Nuveen S&P 500 Dynamic Overwrite Fund stock Dividend Yield % is close to 5-year high.

The historical rank and industry rank for Nuveen S&P 500 Dynamic Overwrite Fund's Dividend Yield % or its related term are showing as below:

SPXX' s Dividend Yield % Range Over the Past 10 Years
Min: 5.26   Med: 7.01   Max: 10.44
Current: 7.94

During the past 9 years, the highest Dividend Yield of Nuveen S&P 500 Dynamic Overwrite Fund was 10.44%. The lowest was 5.26%. And the median was 7.01%.

SPXX's Dividend Yield % is ranked better than
68.05% of 1111 companies
in the Asset Management industry
Industry Median: 6.06 vs SPXX: 7.94

Nuveen S&P 500 Dynamic Overwrite Fund's Dividend Payout Ratio for the six months ended in Dec. 2025 was 0.33.

During the past 9 years, the highest Dividend Payout Ratio of Nuveen S&P 500 Dynamic Overwrite Fund was 1.11. The lowest was 0.28. And the median was 0.40.

As of today (2026-06-26), the Forward Dividend Yield % of Nuveen S&P 500 Dynamic Overwrite Fund is 9.35%.

Nuveen S&P 500 Dynamic Overwrite Fund's Dividends per Share for the six months ended in Dec. 2025 was $0.68.

During the past 12 months, Nuveen S&P 500 Dynamic Overwrite Fund's average Dividends Per Share Growth Rate was 10.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.40% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Nuveen S&P 500 Dynamic Overwrite Fund was 7.60% per year. The lowest was -4.40% per year. And the median was 4.10% 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 S&P 500 Dynamic Overwrite Fund  (NYSE:SPXX) 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 S&P 500 Dynamic Overwrite Fund Dividend Yield % Related Terms


Nuveen S&P 500 Dynamic Overwrite Fund Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Nuveen S&P 500 Dynamic Overwrite 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.

Nuveen S&P 500 Dynamic Overwrite Fund Dividend Yield % Chart

Nuveen S&P 500 Dynamic Overwrite Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 5.27 7.30 7.82 6.87 7.48

Nuveen S&P 500 Dynamic Overwrite Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.82 7.20 6.87 7.36 7.48

SPXX vs NXG, ZTR, PPT: Dividend Yield % Comparison

For the Asset Management subindustry, Nuveen S&P 500 Dynamic Overwrite 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 S&P 500 Dynamic Overwrite Fund Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen S&P 500 Dynamic Overwrite Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen S&P 500 Dynamic Overwrite Fund's Dividend Yield % falls into.


SPXX
57GF Score
Nuveen S&P 500 Dynamic Overwrite Fund SPXX
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen S&P 500 Dynamic Overwrite Fund Dividend Yield % Calculation

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

Nuveen S&P 500 Dynamic Overwrite Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4215002026-06-152026-06-152026-07-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3375002026-03-132026-03-132026-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3375002025-12-152025-12-152025-12-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.3375002025-09-152025-09-152025-10-01Cash DividendquarterlyUSD: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 S&P 500 Dynamic Overwrite Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.434/18.0201
=7.96 %

Current Share Price is $18.0201.
Nuveen S&P 500 Dynamic Overwrite Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.434.

Nuveen S&P 500 Dynamic Overwrite Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.686/18.0201
=9.36 %

Current Share Price is $18.0201.
Nuveen S&P 500 Dynamic Overwrite Fund's Dividends per Share for the forward twelve months is calculated as $0.4215 * 4 = $1.686.

* 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 7.94% mean?
Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) has a Dividend Yield % of 7.94% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Nuveen S&P 500 Dynamic Overwrite Fund and its competitors. This is 13% above median its historical median of 7.01. Over the past decade, Nuveen S&P 500 Dynamic Overwrite Fund's Dividend Yield % has ranged from 5.26 to 10.44. According to the industry distribution chart, Nuveen S&P 500 Dynamic Overwrite Fund ranks #355 out of 1111 companies in the Asset Management industry, placing it in the top 32%.
Is Nuveen S&P 500 Dynamic Overwrite Fund's Dividend Yield % too high?
Nuveen S&P 500 Dynamic Overwrite Fund's current Dividend Yield % of 7.94% is 13% above median its 10-year median of 7.01. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 10.44. The Asset Management industry median Dividend Yield % is 6.06. Nuveen S&P 500 Dynamic Overwrite Fund's value of 7.94% is 31% above this industry median. Based on the distribution chart, Nuveen S&P 500 Dynamic Overwrite Fund ranks #355 out of 1111 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen S&P 500 Dynamic Overwrite Fund has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen S&P 500 Dynamic Overwrite Fund's Dividend Yield % compare to NXG and ZTR?
According to the Asset Management industry distribution chart, Nuveen S&P 500 Dynamic Overwrite Fund ranks #355 out of 1111 companies for Dividend Yield %. This puts Nuveen S&P 500 Dynamic Overwrite Fund in the upper half of its industry. The industry median Dividend Yield % is 6.06. Nuveen S&P 500 Dynamic Overwrite Fund's value of 7.94% is 31% above this benchmark. Historically, Nuveen S&P 500 Dynamic Overwrite Fund's own Dividend Yield % has ranged from 5.26 to 10.44 over the past decade. While the company's 10-year median is 7.01 vs. the industry median of 6.06, Nuveen S&P 500 Dynamic Overwrite Fund 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 6.06, based on 1,111 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 S&P 500 Dynamic Overwrite Fund's current Dividend Yield % of 7.94% is 31% 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 S&P 500 Dynamic Overwrite Fund and its competitors. For the Asset Management industry, the median Dividend Yield % is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen S&P 500 Dynamic Overwrite Fund's current Dividend Yield % is 7.94%, which is 13% above median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen S&P 500 Dynamic Overwrite Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) is currently considered Modestly Overvalued. The stock's GF Value™ is $15.28, compared to a current price of $18.02 — trading 17.9% above its estimated fair value. The current Dividend Yield % is 7.94%, which is 13% above median its 10-year median of 7.01 and 31% above the Asset Management industry median of 6.06. Nuveen S&P 500 Dynamic Overwrite Fund's overall GF Score™ is 57/100 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 S&P 500 Dynamic Overwrite Fund (SPXX), the current Dividend Yield % is 7.94% as of Jun. 26, 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.

Is Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen S&P 500 Dynamic Overwrite Fund stock appears to be overvalued. The current stock price of $18.02 is trading 17.9% above its estimated GF Value™ of $15.28. GuruFocus considers Nuveen S&P 500 Dynamic Overwrite Fund to be Modestly Overvalued.

Key valuation signals for SPXX:

  • Dividend Yield %: 7.94% (13% above median its 10-year median of 7.01)
  • GF Value™: $15.28 vs. price of $18.02 (17.9% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 31% above the Asset Management median (#355 of 1111)

No single metric tells the full story. See the SPXX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen S&P 500 Dynamic Overwrite Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen S&P 500 Dynamic Overwrite Fund is a diversified closed-end management investment company. Its investment objective is to seek attractive total returns with less volatility than the S&P 500 Index by investing in a U.S. equity portfolio that seeks to substantially replicate the price movements of the S&P 500 Index, as well as selling call options on approximately 35% to 75% of the notional value of the Fund's equity portfolio in an effort to enhance the Fund's risk-adjusted returns.
57GF Score

Get the complete analysis for SPXX

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

$18.02
Price
$15.28
GF Value